By Nate Scherer, American Consumer Institute Policy Analyst The Trump administration has taken actions to halt work at, and potentially even abolish, the Consumer Financial Protection Bureau (CFPB). However, these actions have overshadowed a recent rush of dangerous new agency rulemaking that would grant the federal government more control over consumer financial data. Late last year, the CFPB…
By Yael Ossowski, Deputy Director of the Consumer Choice Center With a big tech-powered magnifying glass on federal websites, spending contracts, and government payment systems, Elon Musk’s band of DOGE system admins have been turning Washington inside out in their hunt for waste, fraud, and abuse. One of the most prized agencies on the chopping…
By Patrick Brenner, Founder and President of the Southwest Public Policy Institute Rohit Chopra’s departure as director of the Consumer Financial Protection Bureau (CFPB) should not merely mark the end of his tenure but the beginning of the end for the CFPB itself. Under Chopra’s leadership, the CFPB has gone from an overzealous regulatory body to an outright rogue agency, expanding its…
By David McGarry, Research Director, Taxpayers Protection Alliance Donald Trump’s current mood seems to be a bellicose one as he faces down the alphabet soup of agencies in Washington, D.C. One agency that deserves to feel the horns of the bull-in-the-china-shop-in-chief is the Consumer Financial Protection Bureau (CFPB), an ugly mess of structural abnormalities and constitutional affronts….
By Juan Londoño, Senior Policy Analyst, Taxpayers Protection Alliance Those tuned in to the policy news cycle are likely aware of the Biden administration’s aggressive anti-tech agenda. Its approach has sparked increased scrutiny and various instances of regulatory overreach in the tech space. While that hostility was initially directed at the core products of the so called…
By David Williams, President of Taxpayers Protection Alliance Those who have been keeping a watchful eye on all things consumer finance are aware of the recent news that has surfaced following the Supreme Court’s decision to classify the Consumer Financial Protection Bureau’s (CFPB) funding mechanism as constitutional. But, contrary to popular belief, this ruling only…
