Richard Cordray, first director of the Consumer Financial Protection Bureau, warns that President Trump is trying to wipe out the 'police' of banks.
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
The U.S. Consumer Financial Protection Bureau on Thursday dropped a series ... The agency dropped the case against Capital One after accusing the bank last month of illegally cheating millions ...
Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says.
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.
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