Elliott Confidential

Elliott Confidential

Consumer Alert: Is the Consumer Financial Protection Bureau dead?

The U.S. government has cut funding to the watchdog agency, effectively shutting it down. What does that mean for you?

Christopher Elliott's avatar
Christopher Elliott
Feb 10, 2025
∙ Paid

Over the weekend, the acting director of the Consumer Financial Protection Bureau (CFPB) ordered employees to stop “all supervision and examination activity.” The federal government cut funding to the agency and its website went dark.

Now what?

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