Elizabeth Warren, who proposed and established the CFPB, was removed from consideration as the bureau's first formal director after Obama administration officials became convinced Warren could not overcome strong Republican opposition. [18] .

5 days ago · Massachusetts Sen. Elizabeth Warren says the Trump administration will “have a fight on their hands” if it dismantles her brainchild, the Consumer Financial Protection Bureau, after firing the ...

5 days ago · February 01, 2025 Statement by Senator Elizabeth Warren on Consumer Financial Protection Bureau Director Rohit Chopra. Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement on President Trump’s firing of the Director of the Consumer Financial Protection Bureau (CFPB ...

May 16, 2024 · Warren Statement on Supreme Court Upholding CFPB Is Constitutional. Washington, D.C. — Today, United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding the Supreme Court’s 7-2 decision on the Consumer Financial Protection Bureau: “The CFPB is here to stay.

Jul 17, 2011 · Elizabeth’s Consumer Financial Protection Bureau is standing up for American consumers and holding Wall Street accountable In 2008, greedy financial institutions crashed our economy and working families all across this country paid the price.

May 17, 2024 · “The Supreme Court followed the law, and the Consumer Financial Protection Bureau is still in the fight against predatory lenders,” Sen. Elizabeth Warren, who first proposed the idea for the agency in 2007, told Morning Edition co-host Jeremy Siegel.

3 days ago · Sen. Elizabeth Warren, D-Mass., who had a key role in the formation of the agency and who serves on the Senate Banking Committee, criticized Bessent's order halting the bureau's work. Business

1 day ago · Washington, DC – At the Senate Banking, Housing, and Urban Affairs hearing on debanking, Ranking Member Elizabeth Warren (D-Mass.) made the case for lifting the freeze on the Consumer Financial Protection Bureau (CFPB)—the one agency that is actively working to stop unfair de-banking—to finalize rules that would help prevent debanking by ...

16 hours ago · The Consumer Financial Protection Bureau (CFPB)’s staff on Monday were ordered to stop working by the bureau’s new acting director, U.S. Treasury Secretary Scott Bessent. But Sen. Elizabeth ...

1 day ago · In a letter to Trump, Warren asked the new administration to support the CFPB in its efforts to prevent so-called debanking. The Trump administration has named Scott Bessent as the CFPB’s acting ...