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Factbox: What is the U.S. Consumer Financial Protection Bureau?

(Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) has been thrown into disarray by a battle between the White House and Obama-era officials over who gets to run the federal watchdog on an interim basis after its director resigned. Outgoing direc... More »

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U.S. consumer watchdog agency official sues to block Trump’s pick

Office of Management and Budget Director Mick Mulvaney attends the daily briefing at the White House in Washington, U.S., July 20, 2017. REUTERS/Carlos Barria WASHINGTON (Reuters) – A senior U.S. Consumer Financial Protection Bureau official filed suit late on... More »

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U.S. consumer finance agency official sues to stop Trump appointment

File Photo – Office of Management and Budget Director Mick Mulvaney waits to testify before a Senate Budget Committee hearing on FY2018 Budget Proposals on Capitol Hill in Washington, U.S., May 25, 2017. REUTERS/Yuri Gripas WASHINGTON (Reuters) – The deputy di... More »

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Succession battle at U.S. financial agency seen headed to courts

Office of Management and Budget Director Mick Mulvaney attends the daily briefing at the White House in Washington, U.S., July 20, 2017. REUTERS/Carlos Barria WEST PALM BEACH, Fla./WASHINGTON (Reuters) – A battle between the White House and Democrats over warr... More »

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Justice Department says White House may name new consumer watchdog

WASHINGTON (Reuters) – The White House may name an acting director of the Consumer Financial Protection Bureau, the Justice Department said in a memo on Saturday that endorsed an action by the Trump administration. “The President may designate an Acting Direct... More »

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U.S. appeals court to reconsider challenge to consumer bureau

A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau’s structure is unconstitutional, virtually guaranteeing the battle over an agency borne of the financial crisis will reach the Supreme Cour... More »