SoLo Funds is a peer-to-peer financial lending platform, boasting over 2 million downloads of its app on its website.
The Consumer Financial Protection Bureau and peer-to-peer lending platform SoLo Funds agreed to put an end to the agency’s ...
Two Republican lawmakers from Texas have introduced bills that would end funding for the Consumer Financial Protection Bureau ...
The U.S. Consumer Financial Protection Bureau, which President Donald Trump has moved to abolish, told a court on Friday it ...
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
California Attorney General Rob Bonta and others filed a court brief against the Trump administration for attempting to ...
As the federal Consumer Financial Protection Bureau is being gutted, a state senator is pitching a plan for a local version — ...
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain advantage from lax CFPB supervision, 23 state attorneys general say in court ...
Time will tell what Trump has in store for the CFPB. For now, consumers can still access the bureau’s many educational resources and file a complaint if they’d like, but given the acting director’s ...
In an email obtained by CNN, Adam Martinez, the CFPB’s chief operating officer, instructed all employees and contractors in Washington to “work remotely unless instructed otherwise from our ...
In an X post late Saturday, Vought also gave up some of the federal funding that the agency would draw, stating that it already has excess funds. "I have notified the Federal Reserve that CFPB ...
Russell Vought, the director of the Office of Management and Budget who is also acting director of CFPB, said the agency has an “excessive” balance of $711.6 million. Vought notified the ...