Why CFPB is being targeted by Trump
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
Consumer Financial Protection Bureau
2/23/2025: The Justice Department; CFPB; John Oliver
First, a report on the upheaval at the Justice Department. Then, a look at why the CFPB is under fire by President Trump, DOGE. And John Oliver: The 60 Minutes Interview.
CFPB | Sunday on 60 Minutes
Lesley Stahl reports on President Trump’s efforts to halt the work and cut the funding of the Consumer Financial Protection Bureau, an enforcement agency that was created in response to the 2008 financial crisis. 60 Minutes, Sunday.
Concern over cuts at consumer protection watchdog
Earlier this month, President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau. Lesley Stahl has more on the agency and the Trump administration's attempts to dismantle it.
Impacts of closing consumer protection agency
The Consumer Financial Protection Bureau was created after the 2008 financial crisis to be an advocate for American consumers. The Trump administration is making a push to gut the agency. CBS News business analyst Jill Schlesinger joins "CBS Mornings" with more on how shuttering it could impact Americans.
Legal pushbacks against Trump administration
Since taking office, some of President Trump's executive actions have been met with legal pushback. CBS News Justice Department reporter Jake Rosen reports on the latest challenges.
A closer look at the CFPB
Dozens of employees with the Consumer Financial Protection Bureau were reportedly fired on Tuesday night as a part of the Trump administration's efforts to shut down the agency, according to Reuters.
Trump wants to shut the CFPB. So what does this consumer agency do?
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
What does the CFPB do?
The Consumer Financial Protection Bureau was created by Congress to protect Americans from predatory practices. Ayelet Sheffey, a senior economic policy reporter at Business Insider, joins CBS News with more after the agency was instructed to halt work by the Trump administration.
Trump's plans to cut spending hits a roadblock
Elon Musk and his team of cost-cutters at the Department of Government Efficiency have found their next target, the Consumer Financial Protection Bureau. But security concerns about their actions - and access - to other agencies have prompted new legal action. Willie James Inman has more.
DOGE rooted into Consumer Financial Protection Bureau as new acting head named
The Consumer Financial Protection Bureau is an outlet for Americans dealing with issues such as questionable student loan servicing practices or excessive bank overdraft fees.
Trump fires director of the Consumer Financial Protection Bureau
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since President Trump took office on Jan. 20.
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Walmart accused of illegally opening costly accounts for drivers
Walmart and Branch Messenger, a payments platform, accused of deceiving workers about pay from retailer for two years.
Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.
Fifth Third Bank illegally seized people's cars after overcharging them, feds say
The Ohio-based bank has been fined $20 million for forcing some customers to buy duplicative auto insurance.
Rules for "buy now, pay later" plans
The Consumer Financial Protection Bureau has announced expanded protections for Americans choosing to use the "buy now, pay later" options to purchase certain goods. CBS News senior business and technology correspondent Jo Ling Kent breaks down the protections.
Breaking down the Supreme Court's CFPB ruling
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica Levinson joins "The Daily Report" to unpack the case.
Top Trump officials included journalist in group chat about bombing Yemen
The National Security Council said the message thread "appears to be authentic" and the administration is "reviewing how an inadvertent number was added to the chain."
Nazis were treated better than Venezuelans under Alien Enemies Act, judge says
"Nazis got better treatment under the Alien Enemies Act than has happened here," a judge told a government lawyer Tuesday.
U.S., Russia expected to make statement following Black Sea ceasefire talks
U.S. officials have been holding separate talks with Russian and Ukrainian officials.
Trump admin. targeting another Columbia student for deportation, lawsuit says
Lawyers for Yunseo Chung, who came to the U.S. with her family from South Korea at the age of 7, are trying to block her arrest.
Here's how to delete your personal data, genetic sample from 23andMe
Privacy experts are urging consumers to protect their 23andMe data now that it has declared bankruptcy. Here's how to delete yours.
Oscar-winning Palestinian director detained by Israeli army
Israeli settlers have beaten up one of the Palestinian co-directors of the Oscar-winning documentary film "No Other Land."
Trump administration cites new deportation grounds in Mahmoud Khalil case
The Trump administration is citing new grounds to seek the deportation of Mahmoud Khalil, whose arrest by immigration authorities has triggered a national debate.
Tiger Woods confirms relationship with Donald Trump Jr.'s ex, Vanessa Trump
Tiger Woods confirms he's in a relationship with President Trump's former daughter-in-law, Vanessa Trump, Donald Jr.'s ex. Woods made it public in a social media post.
Stocks jump amid signs Trump could scale back tariffs
Dow surges more than 500 points as White House signals that President Trump might narrow scope of planned tariffs.
U.S.
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U.S., Russia expected to make statement following Black Sea ceasefire talks
U.S. officials have been holding separate talks with Russian and Ukrainian officials.
Trump admin. targeting another Columbia student for deportation, lawsuit says
Lawyers for Yunseo Chung, who came to the U.S. with her family from South Korea at the age of 7, are trying to block her arrest.
Minnesota Iditarod finisher aims to encourage more women of color
This year's Iditarod route was 120 miles longer than normal as the route had to be changed due to a lack of snow. But Emily Ford still finished 18th out of 33 mushers in her first go at it.
Here's how to delete your personal data, genetic sample from 23andMe
Privacy experts are urging consumers to protect their 23andMe data now that it has declared bankruptcy. Here's how to delete yours.
Nazis were treated better than Venezuelans under Alien Enemies Act, judge says
"Nazis got better treatment under the Alien Enemies Act than has happened here," a judge told a government lawyer Tuesday.
MoneyWatch
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Here's how to delete your personal data, genetic sample from 23andMe
Privacy experts are urging consumers to protect their 23andMe data now that it has declared bankruptcy. Here's how to delete yours.
Hyundai says it will build $5.8 billion steel mill in Louisiana
President Trump touts Korean automaker's pledge to invest billions in the U.S., saying tariff threats are working.
Stocks jump amid signs Trump could scale back tariffs
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
23andMe files for bankruptcy and will try to find a buyer
23andMe, which helped popularize ancestry tracing through genetic testing, filed for bankruptcy protection and will seek a sale.
In U.S. auto market, uncertainty reigns over the potential impact of tariffs
A 25% tariff on imported vehicles and vehicle parts from Canada and Mexico is set to take effect on April 2.
Politics
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U.S., Russia expected to make statement following Black Sea ceasefire talks
U.S. officials have been holding separate talks with Russian and Ukrainian officials.
Trump admin. targeting another Columbia student for deportation, lawsuit says
Lawyers for Yunseo Chung, who came to the U.S. with her family from South Korea at the age of 7, are trying to block her arrest.
Tariffs could threaten the future of some U.S. distilleries and bars
Tariffs on alcohol exports and imports could hurt American distillers and bar owners, who could be forced to raise prices and lose customers or eat the costs themselves.
Lawmakers demand probe into group chat on Trump team's war plans
The editor of The Atlantic reported that he was accidentally included in a Trump administration group chat about the U.S. plans to bomb Yemen.
Nazis were treated better than Venezuelans under Alien Enemies Act, judge says
"Nazis got better treatment under the Alien Enemies Act than has happened here," a judge told a government lawyer Tuesday.
HealthWatch
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Trump nominates Susan Monarez for CDC director
President Trump announced Susan Monarez is to be elevated from her role as acting CDC director, after nominee David Weldon was withdrawn earlier this month.
UNAIDS chief says U.S. aid cuts could leave AIDS pandemic to resurge
UNAIDS boss Winnie Byanyima says if U.S. foreign aid isn't restored, AIDS will "come back, and we'll see people die the way we saw them in the '90s."
Gottlieb: RFK's suggested MMR vaccine alternatives are "not viable"
Dr. Scott Gottlieb, the former FDA commissioner, tells "Face the Nation with Margaret Brennan" that Health and Human Services Secretary Robert F. Kennedy Jr.'s suggested alternatives to the MMR vaccine are "not viable" and "'I'd much prefer if he made a full throated recommendation to parents to get kids vaccinated, especially in a setting of the regions" where measles is spreading.
Doctors diagnosed a grandma with the "silent killer" of cancers. She survived.
Irene Wells didn't ask just how bad her pancreatic cancer was — she just wanted aggressive treatment so she could do "a little bit more" in her life.
ABLE accounts allow Americans with disabilities to save and invest
Named for the 2014 law that created them, the Achieving a Better Life Experience Act, ABLE accounts have been available since 2016 to those eligible.
World
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U.S., Russia expected to make statement following Black Sea ceasefire talks
U.S. officials have been holding separate talks with Russian and Ukrainian officials.
Lawmakers demand probe into group chat on Trump team's war plans
The editor of The Atlantic reported that he was accidentally included in a Trump administration group chat about the U.S. plans to bomb Yemen.
Oscar-winning Palestinian director detained by Israeli army
Israeli settlers have beaten up one of the Palestinian co-directors of the Oscar-winning documentary film "No Other Land."
Top Trump officials included journalist in group chat about bombing Yemen
The National Security Council said the message thread "appears to be authentic" and the administration is "reviewing how an inadvertent number was added to the chain."
More than 1,100 arrested as defiant protests rock Turkey
More than 1,100 people, including some journalists, were detained in protests against Turkish President Erdogan after the arrest of his rival, Istanbul Mayor Ekrem Imamoglu.
Entertainment
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Oscar-winning Palestinian director detained by Israeli army
Israeli settlers have beaten up one of the Palestinian co-directors of the Oscar-winning documentary film "No Other Land."
"American Idol" contestant's song for late dad brings judges to tears
"American Idol" contestant Freddie McClendon shared the devastating story of his late father Davis McClendon through a powerful original song, leaving all three judges in awe.
Conan O'Brien honored at Kennedy Center
Comedian Conan O'Brien accepted this year's Mark Twain Prize for American Humor on Sunday at the Kennedy Center. Some comics took jabs at the night's honoree and President Trump, who took over as chair of the Kennedy Center in January.
Krysten Ritter on new thriller, "Retreat"
Known for her role as Marvel's "Jessica Jones" and her appearances in "Breaking Bad," Krysten Ritter is also making her mark as an author. Her second novel, "Retreat," follows a con artist navigating high society and hidden danger in an exclusive Mexican beach town. She joins "CBS Mornings" to discuss the twist-filled story.
Sofia Carson on "The Life List"
Actor and singer Sofia Carson returns to the screen in Netflix's "The Life List," playing a young woman sent on a mission by her late mother to complete a childhood bucket list before receiving her inheritance. She joins "CBS Mornings" to talk about the emotional new film and working alongside Connie Britton.
Technology
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Technology
How ChatGPT can affect users' well-being
As scientists study the long-term mental health effects of artificial intelligence chatbot use, new research from OpenAI and MIT finds that ChatGPT could be linked to loneliness for some frequent users. Cathy Fang, PhD student at MIT and lead author of a controlled study, joins CBS News to unpack her findings.
Is carbon capture a solution to the climate crisis?
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Keeping your data safe at the airport
Experts warn that hackers are trolling free connections like airport Wi-Fi networks and sometimes impersonate the networks in an effort to get your credit card numbers and other sensitive information. Cybersecurity expert Matthew Hicks joined CBS News with tips on how to protect yourself.
Smartphone addiction is leading to "brain rot," doctors say
Research has shown that smartphone addiction causes major increases in brain activity, requiring the brain to work harder to complete simple tasks.
Science
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Is carbon capture a solution to the climate crisis?
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
Is carbon capture a solution to the climate crisis?
As a tool to address rising greenhouse gas emissions, carbon capture chemically removes carbon dioxide from the air, to store or recycle into products. The company behind a new plant to be opened this summer claims the facility will remove 500,000 tons of CO2 a year. But is this form of carbon capture – underwritten by the fossil fuel industry – an effective means to address climate change? Correspondent David Pogue looks at the technology behind this initiative, and the controversy it has raised.
Bones of mammoths butchered for their tusks unearthed by archaeologists
Remains of five mammoths were found archaeologists from the Austrian Academy of Sciences said Thursday in a news statement.
Venus will pass between the Earth and sun on Saturday
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
New evidence about dark energy may be "cusp of a major discovery"
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
Crime
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Crime
FBI creates task force to probe Tesla threats
The FBI says it has created a task force to investigate threats and attacks against Tesla locations and vehicles. It comes after police said incendiary devices were found at a Tesla dealership in Austin, Texas, on Monday. CBS News national reporter Karen Hua has more from the Lone Star State.
"American Idol" contestant's song for late dad brings judges to tears
"American Idol" contestant Freddie McClendon shared the devastating story of his late father Davis McClendon through a powerful original song, leaving all three judges in awe.
Gérard Depardieu goes on trial in France accused of sexual assaults
French cinema icon Gérard Depardieu stands accused of sexually assaulting two women during the filming of Les Volets Verts (The Green Shutters) in Paris.
12-year-old accused in hate crime at Connecticut middle school
A 12-year-old student faces a hate crime charge for her alleged involvement in an attack on Muslim sisters at their Connecticut middle school.
Wife of slain Cal Fire Captain Rebecca Marodi arrested in Mexico
Yolanda Marodi is accused of stabbing her wife, Cal Fire Captain Rebecca Marodi, to death in February.
Space
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Space
Data on dark energy, universe collapse
Data on dark energy weakening over time may signal that if the trend continues it could eventually cause the universe to collapse, according to a new study. Mustapha Ishak-Boushaki, a physics professor and Dark Energy Spectroscopic Instrument (DESI) researcher, joins CBS News with more.
Venus will pass between the Earth and sun on Saturday
Our planet's closest and brightest neighbor will pass approximately between the Earth and sun this week, in what's called an inferior conjunction.
Tom Hanks takes viewers through immersive experience to the moon
"The Moonwalkers: A Journey with Tom Hanks" tells the story of the Apollo missions.
New evidence about dark energy may be "cusp of a major discovery"
The new findings come from the Dark Energy Spectroscopic Instrument (DESI), which sits on a telescope at the Kitt Peak National Observatory in Arizona.
Sunset on the moon seen in stunning images taken by lunar lander
Firefly Aerospace's Blue Ghost Mission 1 lander marked the first successful commercial moon landing.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Latest CBS News Videos
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How ChatGPT can affect users' well-being
As scientists study the long-term mental health effects of artificial intelligence chatbot use, new research from OpenAI and MIT finds that ChatGPT could be linked to loneliness for some frequent users. Cathy Fang, PhD student at MIT and lead author of a controlled study, joins CBS News to unpack her findings.
Rebels refuse to withdraw from Eastern Congo
A Rwandan-backed rebel group is refusing to leave the Eastern Congo town of Walikale after previously agreeing to withdraw from the area as part of a so-called "peace gesture." A spokesperson for the group, known as M23, says the rebels backed out of the ceasefire because the Congolese army and allied militias did not remove their attack drones from the town. Mvemba Phezo Dizolele, senior fellow at the Center for Strategic and International Studies, joins CBS News to assess the state of the conflict.
Congress reacts to Atlantic group chat report
Top U.S. officials accidentally leaked sensitive information in a group chat with an Atlantic reporter, according to the magazine. CBS News congressional correspondent Nikole Killion has more on lawmakers' reactions.
FBI creates task force to probe Tesla threats
The FBI says it has created a task force to investigate threats and attacks against Tesla locations and vehicles. It comes after police said incendiary devices were found at a Tesla dealership in Austin, Texas, on Monday. CBS News national reporter Karen Hua has more from the Lone Star State.
Reporter's Notebook: Patrick Henry's warning
Founding father Patrick Henry opposed the Constitution with the passion he once used to ignite revolution -- this time, fearing the presidency itself could become an absolute tyranny. John Dickerson explains.