consumer financial protection bureau

Supreme Court to hear challenge of financial protection bureau

The Supreme Court agreed Friday to take up a case this term that could significantly weaken the structure and independence of the Consumer Financial Protection Bureau, a government watchdog agency that was the brainchild of Elizabeth Warren and opened its doors in the wake of the 2008 financial crisis during the Obama administration to oversee financial institutions, monitor markets and protect consumers fr

Consumer advocates raise red flags over Trump's top agency picks

Consumer advocates raised big concerns this week about the two top officials the Trump administration has appointed to protect Americans from fraud, claiming one has no related experience and that the other won't be able to go after companies like Equifax, Facebook, Amazon and Verizon because of his work in the private sector.

Trump to announce nominee to lead CFPB

President Donald Trump plans to nominate Office of Management and Budget official Kathy Kraninger to head the Consumer Financial Protection Bureau, the White House announced Saturday.