News

On May 15, the CFPB issued an amended consent order against an international remittance provider, reducing its civil penalty ...
On May 15, the CFPB rescinded its May 2022 interpretive rule that had expanded state enforcement authority under Section 1042 ...
The Consumer Financial Protection Bureau plans to rescind a number of Biden-era proposals in its latest regulatory retreat, ...
The Consumer Financial Protection Bureau issued a policy directive rescinding scores of standing guidance documents, ...
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy ...
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 ...
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 ...
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 now says its enforcement and supervision actions will focus on “pressing threats to consumers, particularly servicemen and veterans. The Bureau takes this step in the interest of focusing ...
Others might be overturned outright or wither away because of weak enforcement. Mark Paoletta, the consumer watchdog’s chief legal officer, said in a memo that all CFPB enforcement and ...
As employees of the Consumer Financial Protection Bureau (CFPB) sit in home offices awaiting news of their fate, the enforcement landscape has already shifted to state regulators. And if Craig ...