Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB

Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s…

Supreme Court insulates Federal Reserve while backing Trump firing of agency leaders

The U.S. Supreme Court building in Washington, July 19, 2024. Kevin Mohatt | Reuters The Supreme Court on Thursday strongly suggested that Federal Reserve board members would have special protection against being fired by a president in a ruling that, for now, allows President Donald Trump to fire two members of other federal agencies’ boards….