Judge Blocks Trump Administration's Efforts to Dismantle Consumer Watchdog Agency

The Consumer Financial Protection Bureau faces operational suspension and legal battles as the Trump administration seeks to curtail its authority.

A federal judge has temporarily halted the Trump administration from firing Consumer Financial Protection Bureau (CFPB) employees or deleting critical agency data.
The CFPB, established in 2010 to protect consumers from financial abuses, has been ordered to cease operations under directives from acting director Russell Vought.
Supporters of the CFPB highlight its role in resolving millions of consumer complaints and recovering nearly $20 billion for affected individuals over its 13-year history.
Critics of the agency, including President Trump and financial industry groups, claim it overreaches its authority and imposes excessive regulations.
Key Biden-era rules, such as capping overdraft fees and removing medical debt from credit reports, are now on hold following the administration's actions.