Latest in Federal Financial Watchdog
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As Musk, Trump administration target CFPB, Democrats defend consumer watchdog
The agency is at a virtual standstill as Elon Musk's DOGE and the White House's Russell Vought take over.ABC News - 1h -
What is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau was created by Congress to protect Americans from predatory practices. Ayelet Sheffey, a senior economic policy reporter at Business Insider, joins CBS News ...CBS News - 4h -
Elon Musk’s assault on the US federal bureaucracy
Supposed efficiency drive is providing cover for a power grab by the executive branchFinancial Times - 6h -
Consumer Financial Protection Bureau staff told to 'stand down' from all work
CFPB employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to a memo.CNBC - 6h -
Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive
The athletic departments of the Big Ten’s 16 public universities generated nearly $2.84 billion in revenue during the 2024 fiscal year but collectively spent nearly $3 billion, according to ...Yahoo Sports - 14h -
Consumer Financial Protection Bureau Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”The New York Times - 1d -
Chemical weapons watchdog delegation meets with Syria's new leaders
A delegation from the global chemical weapons watchdog has arrived in Damascus to meet with Syria’s new leaders for the first time since the fall of former President Bashar AssadABC News - 2d -
Warren on efforts to shutter CFPB: 'No one can fire the financial cops'
Sen. Elizabeth Warren (D-Mass.) on Monday accused the Trump administration of trying to shut down the Consumer Financial Protection Bureau (CFPB) to benefit tech billionaire Elon Musk's payment ...The Hill - 2h -
DOJ appeals judge's order to unfreeze federal grants
The Justice Department on Monday appealed a federal judge's order to unfreeze federal grants, hours after the judge ruled that the Trump administration had not complied with his directive. In a ...The Hill - 3h -
Musk doubles down on attacks on federal judges
Department of Government Efficiency (DOGE) leader Elon Musk is doubling down on his attacks of federal judges in the wake of court actions blocking multiple Trump administration efforts. In a ...The Hill - 11h -
EU watchdog warns of resistance to Brussels’ bid to slash red tape
Esma chair says national pushback to harmonising rules risks undermining its push to become a European SECFinancial Times - 19h -
Consumer Financial Protection Bureau to shut down for a week: Reports
The Consumer Financial Protection Bureau (CFPB) will be shut down for a week, according to multiple reports. The CFPB’s Chief Operating Officer Adam Martinez said in a Sunday email that there would ...The Hill - 21h -
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.CBS News - 1d -
Who Are the Acting Heads of Federal Health Agencies?
This is a MedPage Today story. As President Donald Trump's picks to lead federal health agencies await confirmation hearings, there are now acting directors in place at HHS and its key ...ABC News - 1d -
Trump’s acting chief of federal financial watchdog orders staff to pause activity
Russell Vought is now acting head of CFPB, created in wake of 2008 financial crash to supervise financial companies. Russell Vought, Donald Trump’s newly installed acting head of the US Consumer ...The Guardian - 1d -
Trump faces pushback as he works to reshape federal government
Meet the Press moderator Kristen Welker joins Joe Fryer on Sunday TODAY to discuss the two dozen lawsuits against President Donald Trump that are aimed at slowing down his attempts to reshape the ...NBC News - 1d -
Federal judge blocks Elon Musk’s access to US Treasury data
Order follows legal challenge by 19 Democratic state attorneys-general over risk to sensitive informationFinancial Times - 1d -
Schiff calls for firefighter exemption from federal hiring freeze
Sen. Adam Schiff (D-Calif.) on Friday urged the Office of Management and Budget (OMB) and the Department of Agriculture (USDA) to exempt federal seasonal firefighters from President Trump’s federal ...The Hill - 1d -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 2d -
Sen. Adam Schiff calls for federal firefighters to be exempt from hiring freeze
Sen. Adam Schiff, D-Calif., on Friday called on several U.S. agencies to exempt seasonal wildland firefighters from the ongoing federal hiring freeze, as concerns about federal readiness for future ...NBC News - 2d -
Scientists, researchers work to archive federal health data purged by Trump administration
Scientists, researchers and private health organizations scrambled to preserve as much federal public health data and guidelines as possible last week after news reached them that the Trump ...The Hill - 2d -
DOGE rooted into Consumer Financial Protection Bureau as new acting head named
The Consumer Financial Protection Bureau is an outlet for Americans dealing with issues such as questionable student loan servicing practices or excessive bank overdraft fees.CBS News - 2d -
Musk Wields Scythe on Federal Work Force, With Trump’s Full Blessing
The president defended Elon Musk’s role in seeking to slash budgets and cut payrolls as the young aides burrowing into federal agencies came under scrutiny.The New York Times - 2d -
Federal judge pauses administrative leave for thousands of USAID employees
A federal judge said he will pause a midnight deadline for the U.S. Agency for International Development to be stripped down to a few hundred workers from a workforce of more than 5,000.NBC News - 3d -
ACLU Warns DOGE’s ‘Unchecked’ Access Could Violate Federal Law
The ACLU says it stands ready to sue for access to government records that detail DOGE’s access to sensitive personnel data.Wired - 3d -
Trump says Musk will review "just about" every federal agency
In a press conference with the Japanese prime minister, President Trump indicated Elon Musk has wide latitude to review nearly every federal agency.CBS News - 3d -
Small Businesses and Contractors Also Get Hit by Trump’s Federal Funding Cuts
Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.Inc. - 3d -
Naomi Campbell claims she did not know of financial misconduct at charity
Supermodel alleges ‘concerted deception’ by fellow trustee kept her in dark over running of Fashion for Relief. The supermodel Naomi Campbell has claimed she knew nothing of the extensive financial ...The Guardian - 3d -
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.Wired - 3d -
Judge temporarily blocks Trump's federal employee buyout program
A federal judge in Boston has temporarily halted President Trump's federal employee buyout program proposal. NBC News' Aaron Gilchrist and Danny Cevallos reports on legal aspects surrounding the ...NBC News - 3d -
Trump promotes misleading claims about federal government’s media subscriptions
Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawksABC News - 3d -
Judge temporarily blocks Trump's federal government employee buyout
Just hours before the deadline for federal employees to accept the Trump administration's deferred resignation offer, a judge has temporarily blocked the buyout offer.ABC News - 4d -
Federal Employees Push Back on Trump’s Job Slashing Drive
Civil servants, officials, and outside groups are challenging Trump’s frenzied orders to slash federal agencies and headcounts, often denouncing them as illegal.Inc. - 4d -
Trump Media Is Moving Into the Financial Services Industry
The parent company of Truth Social said it had applied for trademarks for investment products that would allow supporters to invest in the “patriotic economy.”The New York Times - 4d -
Virginia Legislature Says It Will Study Trump’s Attack on Federal Jobs
The state has one of the highest numbers of residents employed by the federal government.Inc. - 4d
