The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.

In 2017, then-President Donald Trump appointed White House Budget Director Mick Mulvaney to run the Consumer Financial Protection Bureau. As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.”

Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.

The director of the Consumer Financial Protection Bureau ... Chopra has already packed up his office a few blocks from the White House. His picture no longer hangs in the lobby.

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.

Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.

If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit filed Tuesday by the government's consumer watchdog agency.

The CFPB is calling on state governments to increase their focus on consumer financial protection laws.

Forecast issued at 4:20 pm EDT on Saturday 25 January 2025. Cloudy morning, clearing to a sunny afternoon. Slight chance of a shower in the northwest suburbs in the morning. Near zero chance of rain elsewhere. Winds south to southeasterly 15 to 20 km/h ...

Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss why he continues to be employed at the CFPB, scrutinizing the business practices of big banks, the future of CFPB,

The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.