News

National Law Review1h
CFPB Withdraws Dozens of Guidance Documents as Part of Deregulatory Push
According to the notice, the rescinded documents include guidance dating back to 2011 and cover a wide range of topics. The ...
National Law Review1h
CFPB Director Nominee to Move to Treasury Finance Role
On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve as the Undersecretary of Domestic Finance. McKernan had been awaiting Senate ...
Trump Administration Drops Rule to Restrict Data Brokers from Selling Americans’ Personal Data
The reversal comes as a surprise to many, especially given growing concerns over how personal data is collected and sold in the U.S. With the rise of digital technologies, data brokers have amassed ...
JD Supra5h
What Does the CFPB’s Withdrawal of Guidance Documents Mean for Bank Compliance
On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various guidance, interpretive ...
JD Supra6h
CFPB Withdraws Guidance Documents: A Shift Toward Regulatory Restraint
The Consumer Financial Protection Bureau (CFPB) is taking a red pen to its own playbook.  In a sweeping move that signals a recalibration of ...
Compliance Week7h
With “stroke of a pen,” CFPB withdraws controversial guidance docs issued under Dems
The Consumer Financial Protection Bureau has rescinded 39 guidance documents that had provided insight into the regulator's ...
American Banker9h
Deregulation is the new norm at the CFPB, and banks love it
The new Trump administration has brought deregulation and staff cuts to the Consumer Financial Protection Bureau, leaving ...
The Financial Express11h
Trump to scarp Biden-era plan to limit sale of Americans’ personal data, Internet says,” Republicans are hurting US”
The Trump administration has taken aggressive steps to dismantle the CFPB, initially proposing to shut it down completely. It later suggested the agency could operate with just 10% of its current ...