Washington has a habit of producing policies that sound consumer-friendly but ultimately are the opposite. The Biden administration‘s approach to personal financial data is a prime example — and one that the Trump administration has the opportunity to correct.

"CFPB RIP," Elon Musk tweeted on February 7, 2025. Pictured is the U.S. Consumer Financial Protection Bureau (CFPB) building in Washington, D.C. The Consumer Financial Protection Bureau (CFPB), created after the Financial Crisis, tries to ensure financial ...

California Atty. Gen. Rob Bonta joined 20 other states and Washington, D.C., in a lawsuit that seeks to prevent the Trump administration from defunding the Consumer Financial Protection Bureau.

On Friday, a federal judge dealt President Trump another defeat by blocking the administration from dismantling the Consumer Financial Protection Bureau. Government attorneys argued that the court had infringed on executive branch powers by effectively ...