Trump budget chief effectively shuts down Consumer Financial Protection Bureau, ordering watchdog to stop nearly all its work
- Posted on February 9, 2025
- By Fortune
- 2 Views
![](https://fortune.com/img-assets/wp-content/uploads/2025/02/AP25040615912636-e1739130914932.jpg?resize=1200,600)
Trump budget chief effectively shuts down Consumer Financial Protection Bureau, ordering watchdog to stop nearly all its work
![](https://fortune.com/img-assets/wp-content/uploads/2025/02/AP25040615912636-e1739130914932.jpg?resize=1200,600)
The bureau can still take complaints, but it can’t conduct exams or pursue existing investigations.