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White House Takes Controversial Step to Shut Down Consumer Protection Agency

A screenshot of a Newsweek article with a black background and white text, titled 'White House Orders Consumer Protection Agency Shutdown,' published on Feb 9, 2025. The article, by Adeola Adeosun, details an order from the Trump administration to shut down the Consumer Financial Protection Bureau (CFPB), with the text mentioning Russell Vought as the director who issued the order. The article also includes a 'Why This Matters' section explaining the CFPB's role since its creation after the 2008 recession.

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A screenshot of a Newsweek article with a black background and white text, titled 'White House Orders Consumer Protection… — White House Takes Controversial Step to Shut Down Consumer Protection Agency

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2025-03-05 10:20:05

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