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Trump Administration Plans To Defang Consumer Protection Watchdog

Updated at 5:53 p.m. ET The Consumer Financial Protection Bureau was created after the financial crisis to protect Americans from being ripped off by financial firms. Now, President Trump's interim...

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How Mick Mulvaney Is Changing The Consumer Financial Protection Bureau

Copyright 2018 NPR. To see more, visit MARY LOUISE KELLY, HOST: NPR in an exclusive report today found radical changes are ahead for the Consumer Financial Protection Bureau. That's the bureau that was...

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Trump Administration's Latest Strike On CFPB: Budget Cuts

The Trump administration is proposing to dramatically cut funding for the Consumer Financial Protection Bureau, a move critics say is an ongoing assault on the 7-year-old agency. The bureau was...

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February Jobs Report Was So Good, It Caught Many Economists Off Guard

Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: U.S. employers added an impressive 313,000 jobs in February and the unemployment rate held steady at 4.1 percent. That's the latest news from...

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Dept. Of Education Fail: Teachers Lose Grants, Forced To Repay Thousands In...

America needs teachers committed to working with children who have the fewest advantages in life. So for a decade the federal government has offered grants — worth up to $4,000 a year — to standout...

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Why Teachers In High-Need Areas Are Now Saddled With Debt

Copyright 2018 NPR. To see more, visit AILSA CHANG, HOST: We start with an NPR exclusive. NPR obtained a new government study before it was published that says the federal government has been taking...

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Trump Official Wants To Put Tight Leash On Consumer Watchdog Agency

The Trump administration will ask Congress to make drastic changes to weaken the independence of the Consumer Financial Protection Bureau, NPR has learned. Sources familiar with the matter tell NPR...

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Markets Jittery Over U.S.-China Trade Fight

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Face-Off: Elizabeth Warren Vs. Trump's Consumer Watchdog, Mick Mulvaney

An epic throw-down happened Thursday on Capitol Hill over the role of the federal government. The topic: the Consumer Financial Protection Bureau, the agency created in the wake of the 2007-08...

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Mick Mulvaney Faces Lawmakers

Copyright 2018 NPR. To see more, visit NOEL KING, HOST: There was a faceoff on Capitol Hill yesterday. On one side, Democratic Senator Elizabeth Warren. She helped create the Consumer Financial...

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CFPB Chief Mick Mulvaney Wants To Shut Public Access To Consumer Complaints...

Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: The Trump administration's top consumer protection official says he may shut down public access to a popular government database that Americans...

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The Consumer Complaints Database That Could Disappear From View

When a consumer has a complaint about a bank, whether it's dealing with a mortgage or a credit card, right now there's a place to lodge that complaint online. It's easy to click around and search for...

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Elizabeth Warren To Consumer Chief: 'You Owe The Public Straight Answers'

Sen. Elizabeth Warren sent a letter to the Trump administration's top consumer protection official late Thursday asking him whether he is doing the bidding of the industries he is supposed to be...

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Education Department Launches 'Top-To-Bottom' Review Of Teachers' Grant Program

Updated at 1:05 p.m. ET It's a financial nightmare for public school teachers across the country: Federal grants they received to work in low-income schools were converted to thousands of dollars in...

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Congress Rolls Back Part Of Dodd-Frank, Easing Rules For Midsize, Smaller Banks

Updated at 5:44 p.m. ET The House voted Tuesday to ease rules for midsize and regional banks in what is considered the largest undoing to date of banking rules put in place in the wake of the financial...

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Trump Administration Considers Steep Tariffs Against Foreign Automakers

Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: President Trump has been playing high-stakes poker on trade so far without any major victories. And just as things seemed to be cooling off in...

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Federal Reserve Proposes Changes To Volcker Rule

Copyright 2018 NPR. To see more, visit RACHEL MARTIN, HOST: Banks may no longer have to follow something called the Volcker Rule. This was a landmark regulation put in place after the financial crisis...

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Unemployment Rate Drops To 3.8 Percent, Lowest Since 2000

Updated at 10:26 a.m. ET As the country has clawed its way back from the worst recession in generations, companies have been creating plenty of jobs. Employers added another 223,000 positions last...

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U.S. Jobless Rate Drops To 3.8 Percent

Copyright 2018 NPR. To see more, visit RACHEL MARTIN, HOST: The monthly jobs report is out, it shows that the pace of hiring picked up as April moved into May. Employers added 223,000 jobs last month....

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Mick Mulvaney Effectively Fires CFPB Advisory Council

The Consumer Financial Protection Bureau continues to come under fire by the man running the watchdog agency — Mick Mulvaney, the interim director appointed by President Trump. In his latest action,...

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