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Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
Recruiters say law firms that once defended clients against CFPB actions are seeing a steep drop in demand. “Enforcement is dormant completely,” said Stephen Springer of legal firm Major ...
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 ...
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 ...
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 ...
The CFPB has walked back its oversight of BNPL, saying in March in a court filing that it intended to revoke its interpretive rule promulgated under former Director Rohit Chopra. The Bureau also said ...
Key takeaways 🛑 Trump administration moves to gut the Consumer Financial Protection Bureau (CFPB), freezing rules on overdraft fees, digital payme ...
But the CFPB on Wednesday filed a voluntary motion to dismiss the case in the US District Court for the Northern District of Texas. Also Wednesday, the CFPB moved ... Log in to keep reading or access ...
The Consumer Financial Protection Bureau plans to rescind a number of Biden-era proposals in its latest regulatory retreat, including one ... Many of Vought’s moves highlight the CFPB’s stated goal of ...
In addition, the CFPB has dismissed or withdrawn more than half of its pending enforcement cases as the Trump administration seeks to clear the docket of work it inherited from the Biden era. "In ...
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy now, pay later transactions, in accordance with a Biden-era rule that ...