Published on: 2025-08-02 09:20:53
This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. A federal employee who is helping the Trump administration carry out the drastic downsizing of the Consumer Financial Protection Bureau owns stock in companies that could benefit from the agency’s dismantling, a ProPublica investigation has found. Gavin Kliger, a 25-year-old Department of Governme
Keywords: bureau cfpb employees kliger said
Find related items on AmazonPublished on: 2025-08-16 04:20:32
The FBI recently spent hundreds of thousands of dollars buying powerful hacking tools but now the agency claims that it can’t find the documentation associated with those procurements. There isn’t a whole lot of information available about what the tools are or what they do. Vice previously reported that the bureau’s Child Exploitation Operational Unit (CEOU) bought them for $250,000 from an anti-child predator non-profit. They are described as one of the agency’s network of investigative techn
Keywords: agency bureau fbi information records
Find related items on AmazonPublished on: 2025-08-16 23:11:00
The Consumer Financial Protection Bureau has been instructed to pull back on protecting consumers from predatory practices from student loan lenders, medical debt collectors and digital payment apps. Bloomberg/Getty Images The Consumer Financial Protection Bureau will no longer prioritize protecting consumers with medical debt, student loans or digital payment and peer-to-peer lending platforms, according to an internal memo reported by The Wall Street Journal. Instead, the bureau has been ins
Keywords: bureau cfpb consumer consumers financial
Find related items on AmazonPublished on: 2025-08-21 08:52:39
The Consumer Financial Protection Bureau has been reduced to a skeleton crew. The department, which was created to oversee banks and financial institutions, has cut about 1,500 jobs , leaving about 200 employees and reducing the agency by about 90 percent. In addition to cutting most of the staff, Chief Legal Officer Mark Paoletta sent a memo detailing the changed priorities for the CFPB. The bureau has been ordered to deprioritize subjects including consumer data, digital payments, medical deb
Keywords: bureau consumer created department financial
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