News

The Consumer Financial Protection Bureau (CFPB) has withdrawn 67 guidance documents related to key consumer protection laws, ...
President Trump signed two congressional rollbacks of Biden-era rules from the Consumer Financial Protection Bureau (CFPB) ...
who argue that it exceeds its regulatory authority. The layoffs follow a contentious period at the agency. In February, acting CFPB Director Russell Vought instructed agency staff to stop all work ...
Following the job cuts, the CFPB will have a little more than 200 remaining personnel to carry out the agency's regulatory activities. The Wall Street Journal reported that on Wednesday ...
The CFPB was established by the 2010 Dodd-Frank Act, an expansive piece of legislation that imposed consequential regulatory reform in the wake of the 2008 financial crisis. The agency was created ...
At the same time, recent news cycles have reported on withdrawal from enforcement matters, regulatory rollbacks, staffing reductions, removal of the CFPB’s signage from its headquarters ...
It details plans to broadly dial back regulatory efforts and focus most ... The plan would mark a major change in direction for the CFPB, which was created in 2010 in the wake of the housing ...
(Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues ... "With both the OCC and the CFPB now apparently comfortable with ...
But last week, CFPB acting director Russell Vought announced the agency would be “shifting resources away from enforcement and supervision” and “deprioritizing” certain regulatory work it believes ...
Despite ongoing efforts related to the potential disassembly of the Consumer Financial Protection Bureau (CFPB), current acting ... t created under a formal regulatory review process.
President Donald Trump issued Executive Order 14260, further signaling the federal government’s commitment to rolling back ...