March 11, 2025 - 11:45

A senior official at the Consumer Financial Protection Bureau (CFPB) revealed in court on Monday that the aggressive attempts by DOGE to dismantle the agency have recently encountered significant obstacles. The official noted that the leadership appointed during the Trump administration has taken steps to moderate the pace and intensity of these efforts. This shift in strategy comes as the CFPB continues to play a crucial role in overseeing consumer financial practices and protecting citizens from unfair, deceptive, or abusive acts in the financial sector.
The testimony highlighted the ongoing tensions between DOGE and the CFPB, with DOGE pushing for a rapid overhaul of the agency's structure and functions. Meanwhile, the current leadership appears determined to uphold the agency's mission amidst the challenges posed by external pressures. The developments signal a complex and evolving landscape in consumer finance regulation, with both sides gearing up for a prolonged battle over the future of the CFPB.
February 20, 2026 - 18:06
'Your Rich BFF' Vivian Tu shares her favorite personal finance tipsNEW YORK (AP) — Are you intimidated by personal finance? Vivian Tu wants to help. The former Wall Street trader, widely known as `Your Rich BFF,` breaks down complex financial concepts into...
February 20, 2026 - 07:40
LPL Financial announces layoffs at San Diego officeLPL Financial, a major independent broker-dealer, has confirmed a reduction in its workforce at its San Diego headquarters. The company filed a notice with California’s Employment Development...
February 19, 2026 - 21:30
Amazon: Financial Risks Dominate (Rating Downgrade)Amazon`s stock has underperformed both the broader technology sector and the surging artificial intelligence market year-to-date, prompting increased analyst scrutiny. The focus has shifted...
February 19, 2026 - 11:47
ASX Penny Stocks To Watch: Centrepoint Alliance And 2 More Hidden OpportunitiesAs major indices respond to global optimism, a closer look at the Australian Securities Exchange reveals potential beyond the blue chips. While the term `penny stocks` may evoke caution, a...