Over the past month, the Consumer Financial Protection Bureau (CFPB) took a slew of actions with the apparent aim to decrease the CFPB’s ...

According to Vought, the CFPB guidance has, in many instances ... 11 memorandum that announced a comprehensive review and rescission process. The memo also included a compilation of existing ...

The bureau is accepting public comments on the proposed rescission, which can be submitted through the proposal’s Federal Register portal through June 16. Vought’s time as CFPB director may ...

Since President Donald Trump took office, the CFPB has laid off 1,500 of its 1,700 workers and dropped half of its pending lawsuits. However, the rescission of the guidance is unlikely to result ...

Historically, the Bureau has released guidance without adequate regard for whether it would increase or decrease compliance burdens and costs. Our policy has changed,” CFPB Acting Director Russ ...

The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly ...

The Consumer Financial Protection Bureau (CFPB) has withdrawn 67 guidance documents related to key consumer protection laws, but legal experts emphasize the laws themselves remain fully in effect.

“Between last week’s CFPB announcement that it is climbing back a multitude of previously issued guidance, and this weekend‘s announcement that Jonathan McKernan, already nominated to become ...

The Trump administration on Friday moved to review the use of regulatory guidance at the Consumer Financial Protection Bureau (CFPB) to root out what it views as an unlawful rulemaking process.

TRUMP ADMIN MOVES TO CRACK DOWN ON USE OF REGULATORY ‘GUIDANCE’ AT CFPB The memo said the CFPB's supervision arm will reduce the number of supervisory "events" or exams by 50%, with a focus on ...