CEDAR RAPIDS, Iowa (KCRG) - The Great Recession of 2008 led to significant changes for big banks. Now, the Trump administration is working to dismantle one of the key watchdogs of financial services ...
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What dramatic cuts at the Consumer Financial Protection Bureau could mean for consumers
The Trump administration moved to eliminate nearly 90% of staff at the Consumer Financial Protection Bureau. Legal challenges have prevented the Trump administration from shutting down the agency.
Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
The Consumer Financial Protection Bureau was one of the early targets of the Trump administration's attempts to dramatically reduce government spending. The bureau's work was first suspended in early ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
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