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Effective May 12, 2025, the Consumer Financial Protection Bureau (CFPB) formally revoked 67 different guidance documents by ...
Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of ...
On May 9, 2025, the Consumer Financial Protection Bureau (CFPB) formally withdrew dozens of interpretive rules, policy statements, advisory ...
On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced a sweeping withdrawal of 67 guidance documents issued since the ...
The Consumer Financial Protection Bureau (CFPB) has withdrawn 67 guidance documents related to key consumer protection laws, ...
The Consumer Financial Protection Bureau issued a policy directive rescinding scores of standing guidance documents, ...
The CFPB has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry.
Consumer watchdog groups warned that withdrawing the rule leaves Americans more vulnerable to fraud and identity theft.
Our policy has changed,” CFPB Acting Director Russ Vought wrote Monday ... But the enforcement of the guidance against parties that don’t conform with the guidance amid this withdrawal won’t be ...
Effective immediately, Bureau components may not issue guidance documents that purport to create rights or obligations binding on persons or entities outside the Bureau." Vought laid out several ...
Vought laid out several parameters into which CFPB guidance should fit, including that guidance should state in a disclaimer that it is not legally binding. Guidance, he said, should refer to ...