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CFPB Union

@nteu335.bsky.social

Representing over 1,100 workers nationwide at the Consumer Financial Protection Bureau. CFPB workers have returned over $21 billion to millions of Americans since 2012 www.nteu335.org

1131 Posts3605 Follower258 Folgt
CFPB Union@nteu335.bsky.social · 4d ago

At least half of CFPB's exams of financial firms this year went through "expedited review" because examiners identified at most only minor violations. But does anybody actually think all the firms were judiciously following the law? www.reuters.com/world/us-con...

US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources say

Examiners at the US Consumer Financial Protection Bureau gave a largely clean bill of health to most of the companies they inspected earlier this year.

reuters.com

Jason Broccardo@zoocoup.bsky.social · 5d ago

“But the agency's new political leadership had made it clear via policy changes and other communications that thorough scrutiny was unwelcome and that examiners' jobs were at risk” www.reuters.com/world/us-con...

EXCLUSIVE: US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources say

Examiners at the US Consumer Financial Protection Bureau gave a largely clean bill of health to most of the companies they inspected earlier this year, a light-touch approach that marked a departure ​...

reuters.com

CFPB Union@nteu335.bsky.social · 5d ago

Least surprising breaking news ever: Supervision of financial firms by Trump's CFPB is a complete sham. (And it'll be everyday consumers who pay the price)

EXCLUSIVE: US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources say

Examiners at the US Consumer Financial Protection Bureau gave a largely clean bill of health to most of the companies they inspected earlier this year, a light-touch approach that marked a departure ​...

reuters.com

CFPB Union@nteu335.bsky.social · 3w ago

"In the big picture, the move is part of a trend of the administration taking a friendlier approach with businesses — even at the federal agency tasked with guarding consumers from unfair and deceptive practices."

The Federal Agency That’s Supposed to Protect Consumers Just Made Another Business-Friendly Move

Debt collection. Credit reporting. Payday loans. Consumer complaints to a federal database used to help reveal issues and bring accountability. Then the Consumer Financial Protection Bureau stopped…

propublica.org

ProPublica@propublica.org · 3w ago

NEW: Debt collection. Credit reporting. Payday loans. Consumer complaints to a federal database used to help reveal issues and bring accountability. Then the Consumer Financial Protection Bureau stopped publishing the narratives.

The Federal Agency That’s Supposed to Protect Consumers Just Made Another Business-Friendly Move

Debt collection. Credit reporting. Payday loans. Consumer complaints to a federal database used to help reveal issues and bring accountability. Then the Consumer Financial Protection Bureau stopped pu...

propublica.org

CFPB Union@nteu335.bsky.social · 4w ago

We all knew that Trump's efforts to destroy the CFPB and other vital public services was never about cutting waste and saving taxpayer money.

Trump administration paid federal employees $9.5 billion not to work in 2025 under DOGE plan | CNN Politics

The Trump administration last year spent $9.5 billion on paid administrative leave for federal workers as part of its plan to shrink the government and save taxpayers money, according to a new estimat...

cnn.com

CFPB Union@nteu335.bsky.social · last mo.

In the past, the CFPB's goal would've been identifying the root cause and preventing future harm to consumers. Instead Vought just provided air cover to Bilt without directing real fixes or systematic changes.

The Trump Administration’s Plan for Protecting Consumers? Politely Ask Companies to Behave.

Rather than investigate a buzzy fintech startup for throwing users’ accounts into chaos, the Russell Vought-led Consumer Financial Protection Bureau trusted that the company was “back on track.”…

propublica.org

CFPB Union@nteu335.bsky.social · 2mo ago

"By the time some CFPB staff arrived to begin working on the first three floors of that building, there were not enough desks for all the employees at the agency. And the floors they were assigned to work from did not have functional Wi-Fi."

Bedbugs, bad Wi-Fi: Federal workers say forced summer relocations have been chaos

Federal agencies are rushing to move hundreds of workers into new buildings. Employees say the moves are significantly disrupting their work.

npr.org

CFPB Union@nteu335.bsky.social · 2mo ago

"It reinforces the fact that the companies the CFPB oversees have a direct line of communication to the political leadership and that they will not hesitate to circumvent the supervisory process." Corruption plain and simple.

US consumer watchdog supervisor warned staff of 'unpleasant' fallout if they go too hard on firms

A top supervision examiner at the U.S. Consumer Financial Protection Bureau warned staff they would face "most unpleasant" consequences if they were too aggressive in ​their oversight of financial firms

reuters.com

CFPB Union@nteu335.bsky.social · 2mo ago

"This message will be read by many at the CFPB as a clear threat that if they ask a question the institution doesn't like, their jobs may be on the line."

US consumer watchdog supervisor warned staff of 'unpleasant' fallout if they go too hard on firms

A top supervision examiner at the U.S. Consumer Financial Protection Bureau warned staff they would face "most unpleasant" consequences if they were too aggressive in ​their oversight of financial firms

reuters.com

CFPB Union@nteu335.bsky.social · 2mo ago

Russ Vought has ordered CFPB workers across the US to move to DC. He wants everyone he can't fire to quit so consumers have less protection. We asked CFPB Union members how this shameful and illegal act affects them:

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CFPB Union@nteu335.bsky.social · 3mo ago

Update: Our sister Helen has undergone her procedure and is now recovering from brain surgery. After Vought cut benefits, she needs money for expenses, and needs YOUR help. Helen's kids rely on her every day. Can she rely on you? gofund.me/2350f7f63. Adjust the “tip” to 0% and see the disclaimer.

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CFPB Union@nteu335.bsky.social · 3mo ago

Russ Vought has ordered CFPB workers across the US to move to DC. He wants everyone he can't fire to quit so consumers have less protection. We asked CFPB Union members how this shameful and illegal act affects them:

Bild