News

Law2mon
The CFPB's Retreat, Will the States' Step Forward: A New Era in Consumer Financial Protection Enforcement?
The CFPB's retreat from active enforcement under the Trump administration marks a significant shift in the consumer financial protection landscape. While the Consumer Financial Protection Act ...
ConsumerAffairs9d
Trump-Era CFPB moves spark outcry with quiet corporate pardons, repeal of Open Banking Rule
Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
JD Supra1mon
CFPB Shifts Supervision and Enforcement Priorities; Staff Reduction Stayed by Court
On April 16, the CFPB released an internal memo outlining major shifts in its supervision and enforcement priorities, signaling a retreat from several areas of regulatory activity. The next day ...
Law1mon
'Thrown Together': CFPB Enforcement Gets Slashed in Internal Memo
An internal Consumer Financial Protection Bureau memo outlining a significant retreat ... to be the next CFPB director, is confirmed. But regardless of McKernan's views on the enforcement goals ...
With CFPB, It's Buy Now, Pay Later, Enforcement Not So Much
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy ...
JD Supra1mon
CFPB Narrows Supervision and Enforcement, Leaving Broader Focus to States
The CFPB confirmed in a recent memo to staff ... While the document announces a return to core statutory enforcement and a retreat from expansive interpretations—it is not a full retreat from ...
American Banker2mon
CFPB retreats from classifying BNPL like credit cards
The filing was made public on the same day that the CFPB said in a blog post that it would "not prioritize enforcement or supervision actions with regard to any penalties or fines associated with the ...
Axios on MSN3d
Scoop: Warren will try to restore CFPB funding in GOP bill
Sen. Elizabeth Warren (D-Mass.) will attempt to strip deep cuts to the Consumer Financial Protection Bureau from the GOP's ...
National Mortgage News2dOpinion
Why the Senate should protect funding for the CFPB
A new proposal from the Senate Banking Committee for the massive budget bill to eliminate this source of funding for the ...
Fox Business1mon
CFPB to make sweeping job cuts as Trump admin refocuses agency
The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.
Hosted on MSN3mon
The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more
The CFPB is tasked with creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of businesses and other institutions.
Daily Herald3mon
CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more
The CFPB is tasked with creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of businesses and other institutions.