The Trump administration's decision to shut down the Consumer Financial Protection Bureau (CFPB) has sparked widespread protests and legal challenges. Hundreds of employees, lawmakers, and consumer advocates have rallied outside the agency's Washington, D.C., headquarters, emphasizing the bureau's role in protecting consumers from predatory financial practices. The CFPB, established in 2010 under the Dodd-Frank Act, has returned over $21 billion to consumers and regulated financial institutions to prevent deceptive practices. Critics of the shutdown, including Senator Elizabeth Warren, argue that the move benefits large financial institutions and undermines consumer protections. Warren, who was instrumental in creating the CFPB, has vowed to fight the closure, calling it a "payoff to the rich guys." The Trump administration has also faced a lawsuit from advocacy groups and unions, claiming that the president lacks the authority to dismantle the agency. The shutdown, directed by Russell Vought and involving DOGE, has halted CFPB's investigations, enforcement actions, and implementation of rules, such as those addressing overdraft fees and medical debt on credit reports. Jonathan McKernan has been appointed as the new director of the agency. The administration's actions have drawn criticism for potentially exposing consumers to financial fraud and abuse.