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Is This the End of the Fed and CFPB As We Know Them?

Banking with Interest

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CFPB Under Fire: Staffing Struggles and Legal Battles

This chapter examines the shifting landscape of the Consumer Financial Protection Bureau (CFPB) amid significant layoffs and legal disputes stemming from the Trump administration's policies. It highlights the tension between executive power and judicial oversight, questioning the agency's ability to perform its consumer protection duties effectively. Furthermore, the chapter delves into the potential consequences of political changes on the CFPB's staffing and overall regulatory effectiveness in the financial sector.

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