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A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late fees at $8. U.S. District Judge Mark Pittman of the U.S. District Court for the Northern District of Texas approved a joint motion from a coalition of six business and banking groups, including the American Bankers Association (ABA) and the CFPB to scrap the rule, which was established last year. The ABA and the U.S. Chamber of Commerce were among the plaintiffs that challenged the rule in U.S. District Court for Northern Texas, arguing the bureau exceeded its statutory authority....

A federal appeals court halted a federal judge’s order to reinstate fired Consumer Financial Protection Bureau (CFPB) workers. In February, Elon Musk’s DOGE team entered the Consumer Financial Protection Bureau headquarters – and staffers were “mad as hell.” Earlier this year President Trump began cleaning house after he fired Rohit Chopra, the Director of the Consumer Financial Protection Bureau. Rohit Chopra was a toxic Biden holdover who previously threatened banks that refused to give credit lines and loans to illegal aliens. Last week US District Judge Amy Berman Jackson barred the Trump Administration from firing CFPB workers without cause. “Defendants...

Many Americans were surprised to recently see a coalition of the country’s most radical politicians — Sen. Elizabeth Warren, D-Mass., Rep Maxine Waters, D-Calif., and Sen. Richard Blumentha l, D-Conn., to name a few — teaming up to introduce heavy-handed legislation against the peer-to-peer payment companies (like PayPal, Venmo, Zelle and CashApp) that have improved all our lives. Blumenthal even went so far as to dispatch a separate letter to the head of the Consumer Financial Protection Bureau (CFPB) demanding an investigation into Zelle... The Biden administration brass, especially CFPB Director Rohit Chopra, have fought aggressively to convince the American...

Among the hundreds of people chanting "Elon Musk has got to go!" and "No one elected Elon!" in front of the U.S. Capitol on Monday were recently fired federal workers left devastated and uncertain by their terminations. "Elon Musk doesn't even know my job exists, right? But like, we do a lot. I mean, I'm a public servant, and I do this job because I love it. So, yeah, I'm devastated, and my whole community lost their jobs. And I don't know what I'm going to do now, but I'm going to keep fighting. And you know, this stuff really...

Finding links to the Soros family in the Joe Biden White House should come as no surprise. In addition to George’s decades-long meddling in our politics, he spent tens of millions backing Biden and other Democrats in 2020, and Alex got in on the action too, throwing $700,000 at the would-be worst president of the 21st century. As documented in the book The Man Behind the Curtain: Inside the Secret Network for George Soros (2022), George planted his seeds of influence in the Biden White House even before Biden took office. During the transition, the incoming Biden administration assembled “Transition...

This morning as I was driving to a client's home listening to the radio a very interesting explanation was being discussed. Did you know the Consumer Financial Protection Bureau was not part of the Congressional Budget?These darn communists actually had the Fed funding them. Apparently the CFPB is not a line item, but the government has to request a 'draw' for funding from the Federal Reserve Bank? The CFFB is now sitting on $700 million dollars and the Trump administration simply says they don't need this particular draw, so it is $0.00.When Obama and Warren set this up this way...

Hanna Hickman, a now-terminated worker for the Consumer Financial Protection Bureau, told ABC News the last four days have been a roller coaster. "It's scary," said Hickman, who was fired last Tuesday. "I had a real moment -- I was at CVS the other day and ... it kind of came on me all at once that I might not have health insurance in a few weeks, and that really hits you. I think it underscores the fact that we're just regular, middle-class people, just like the people we're trying to serve." Hickman was senior litigation counsel for the Division...

A federal judge in Washington on Friday handed Elon Musk's government efficiency team a win by declining a request to temporarily block it from accessing sensitive data from at least three federal agencies. Unions and nonprofits attempted to stop Musk’s Department of Government Efficiency (DOGE) from accessing records at the Departments of Labor, Health and Human Services and the Consumer Financial Protection Bureau. U.S. District Judge John Bates wrote in an opinion that the government was likely correct in categorizing DOGE as an agency, thereby allowing it to detail its staff to other government departments.

U.S. District Judge John Bates has ruled in favor of Elon Musk’s Department of Government Efficiency (DOGE), allowing Musk’s budget-slashing team continued access to critical records from the Department of Labor, the Department of Health and Human Services, and the Consumer Financial Protection Bureau.The ruling deals a major blow to the entrenched bureaucracy and their progressive allies, who sought to block Musk’s efforts to streamline bloated agencies and cut unnecessary spending.A coalition of left-wing unions and nonprofits had desperately attempted to shield the agencies from oversight, but the judge’s late-night decision on Friday kept DOGE’s mission alive.U.S. District Judge John...

Corrupt Obama judge Amy Berman Jackson on Friday temporarily halted mass firings at the Consumer Financial Protection Bureau (CFPB). Judge Jackson also ordered the CFPB to preserve all data and records. Amy Berman Jackson said the court will hold the next hearing on the plaintiffs’ motion (National Treasury Employees Union) on March 3. The defendants “shall not delete, destroy, remove, or impair any data or other CFPB records covered by the Federal Records Act,” Judge Jackson wrote in a 2-page order reviewed by The Gateway Pundit. “This means that defendants shall not delete or remove agency data from any database...

Mass Firings Have Started At Several Federal Agencies Mass firings have commenced across several federal agencies as part of President Donald Trump's initiative to significantly reduce the federal workforce. According to Newsweek, the Department of Education, the Small Business Administration, the U.S. General Services Administration, and the U.S. Consumer Financial Protection Bureau (CFPB) are among the affected agencies. These actions follow a federal judge's decision to allow the administration's deferred resignation program to proceed, with about 75,000 employees accepting the offer to leave their jobs while still being paid through September. The firings primarily target probationary employees, who lack the...

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 platform “X Money.” Speaking at a protest organized by CFPB workers outside their headquarters, Warren said Musk wants “X money” to charge every part of a person’s financial life. “CFPB is there to make sure Elon Musk’s new project cannot scam you and steal your personal data,” she said, adding that this is why Musk is going after the agency. “This is like a bank robber trying to fire the cops and...

the brainchild of Elizabeth Warren, Heather Booth and other Alinsky socialists from Chicago to shake down banks for risky loans to minorities with poor credit consumerfinance.gov

‘Elon Musk and your muskrats, Elon Musk, I mean Donald Trump, same thing at this point, right? Who really is the president?’ Pressley asked. She brought up the skyrocketing price of eggs and expensive housing during her passionate speech. 'Tell me how letting Elon put his paws in the cookie jar is helping a single person who calls this country home?’ she demanded. Pressley credited the CFPB with taking on scammers, capping bank overdraft fees, stopping medical debt from hurting Americans’ credit reports and going after banks for lending discrimination. ‘This is what we’re going to dismantle? What in the...

Office of Management and Budget (OMB) Director Russ Vought is also the interim Director of the Consumer Financial Protection Bureau (CFPB). The CFPB is under review by DOGE and on Monday morning Russ Vought told CFPB staff not to come to work. {Background Here}Vought sent an email to employees this morning saying they should “not perform any work tasks.” They were directed to contact the top lawyer for the Office of Management and Budget “to get approval in writing before performing any work task.”Vought is also serving as the bureau’s acting director. The previous director, Rohit Chopra, was fired by...

The news for Senator Elizabeth Warren (D-MA) and her favorite agency just got worse. NBC News on Saturday night obtained an email sent to CFPB employees in which Vought announced a dozen directives that would go into effect immediately. Here are the details from NBC: [Employees were instructed to “cease all supervision and examination activity,” “cease all stakeholder engagement,” pause all pending investigations, not issue any public communications and pause “enforcement actions.” Vought also told employees not to “approve or issue any proposed or final rules or formal or informal guidance” and to “suspend the effective dates of all final...

Employees of the Consumer Financial Protection Bureau were instructed to cease “all supervision and examination activity” and “all stakeholder engagement,” effectively stopping the agency’s operations, in an email from the director of the Office of Management and Budget, Russell Vought, on Saturday evening. Mr. Vought, who was confirmed this week to lead the Office of Management and Budget, was on Friday named acting director of the consumer protection bureau, the federal government’s financial industry watchdog. In his email to staff on Saturday, he reaffirmed earlier instructions from the previous acting director, Treasury Secretary Scott Bessent, who ordered last week that...

A federal judge rejected an attempt by some of the United States’s most powerful unions to block Elon Musk’s Department of Government Efficiency from accessing the Department of Labor’s data. On Friday, U.S. District Court for the District of Columbia Judge John Bates issued a ruling striking a blow to AFL-CIO and five other large labor unions’ efforts to stop DOGE from accessing data filed in the Labor Department’s system, as well as information from the Education Department, the Department of Health and Human Services, and the Consumer Financial Protection Bureau.The labor unions failed to show that “at least one...

Several DOGE employees entered the CFPB’s Washington headquarters on Friday to conduct a review of the agency, per multiple reports, with the move coming the same day Musk attracted attention for writing “CFPB RIP” accompanied by a gravestone emoji in a social media post .. Republicans and many in the banking sector have long characterized the agency as an out-of-control bureaucracy that issues stringent, unnecessary, and politicized regulations

Elon Musk’s DOGE team entered the Consumer Financial Protection Bureau headquarters on Friday – and staffers are pissed off!“Elon Musk’s team on Friday entered the headquarters of the Consumer Financial Protection Bureau on Friday, sources tell us,” Politico reported.According to Politico, at least 3 of Elon Musk’s DOGE workers are now “senior advisors” in the staff directory at the Consumer Financial Protection Bureau.“Three Musk allies are listed as “senior advisers” in the staff directory at the CFPB now.” Politico reported.“CFBP staff is “mad as hell.”” the reporter added.Elon Musk’s team on Friday entered the headquarters of the Consumer Financial Protection...