CoinOtag
2025-12-31 07:33:16

Trump Pushes CFPB Cuts, Sparking Warren Warning on Consumer Protections

President Donald Trump is defunding the Consumer Financial Protection Bureau (CFPB) in his second term, aiming to shut it down entirely. Budget director Russell Vought plans to fire up to 90% of staff and shift enforcement to the Justice Department. This dismantles key rules protecting consumers from unfair lending practices. Trump CFPB cuts target rules [...]

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