Name: Episode 332: Does the CFPB have a future?
Uploaded: 2025-03-03T17:00:00+00:00
Duration: 15 min 56 s
Description: This episode examines a recent article from Bank Director titled “Chaos consumes CFPB, causing uncertainty” and recent reporting from CNBC. The CFPB was effectively shut down a few weeks ago when acti

9 months ago

Podcasts Education CFPB consumer financial protection bureau russell Vought Bank Director

This episode examines a recent article from Bank Director titled “Chaos consumes CFPB, causing uncertainty” and recent reporting from CNBC. The CFPB was effectively shut down a few weeks ago when acting director Russell Vought took over. All legal cases and regulatory rules were halted upon further review. The CFPB has 1,700 employees but is only required to have a few hundred by law. Will the CFPB be shut down completely, reduced to a very small regulator, or just get streamlined to be more efficient? Links to the Bank Director article and CNBC reporting are included below.

Link: Chaos Consumes CFPB, Causing Uncertainty | Bank Director

Link: CFPB leaders and Elon Musk DOGE planned to fire nearly all staff

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