CFPB allowing some offices to resume functions

States look at shoring up consumer protections as Trump hobbles federal watchdog • Wisconsin Examiner

A panel meets at a Consumer Financial Protection Bureau symposium. As President Donald Trump seeks to weaken or eliminate the federal consumer watchdog agency, some states are considering how they can beef up their own protections against unfair business practices. (Photo by Bryce Spivey/Consumer Financial Protection Bureau via Flickr)Illinois state Sen. Mark Walker already was working on legislation to bolster the state’s protections for consum…

Trump Administration Allows Some CFPB Work to Resume Amid Court Battle, Emails Show

Trump administration allows some CFPB work to resume amid court battle, emails show

Facing a legal challenge over its abrupt decision to halt work last month, the U.S. Consumer Financial Protection Bureau has since Thursday allowed several offices to resume functions that officials say are required by law, according to newly released emails.

CFPB allowing some offices to resume functions

The Consumer Financial Protection Bureau (CFPB) is allowing some offices to resume their functions, as the Trump administration faces a legal challenge over its stop work order and other efforts to overhaul the consumer watchdog.  Mark Paoletta, the CFPB’s chief legal officer, emailed employees Sunday clarifying they still should be performing statutorily required work. Several…

Battle lines drawn over CFPB’s future: Lawmakers, State AGs rally to defend

Consumers will endure an extended waiting period to learn whether the Consumer Financial Protection Bureau (CFPB) will remain the nation’s financial cop-on-the-beat. The agency’s 1,700-member workforce does not know if they still have jobs. And battle lines are as clear…

Trump Weakens CFPB Watchdog, Raising Fears of ‘Open Season’ on Consumers

Denied access to her disability benefits, an East Oakland woman struggled to pay rent. Then, the East Bay Community Law Center and the Consumer Financial Protection Bureau stepped in.