While Vought described the withdrawals as “not necessarily final,” the CFPB will no longer enforce or rely upon any of the nearly 70 pieces of guidance listed in the filing, which cover a ...

Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...

says companies must still follow existing regulations and that prior CFPB guidance retains legal relevance in litigation and court interpretation. The move may signal further rollbacks ...

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 ...

President Trump signed two congressional rollbacks ... opinions and guidance issued by the consumer watchdog since its establishment in 2011. Vought’s tenure of the CFPB appears poised to ...

advisory opinions and guidance issued by the consumer watchdog since its creation in 2011. President Trump also signed congressional rollbacks of two Biden-era CFPB rules last week that sought to ...

Stream Los Angeles News for free, 24/7, wherever you are. The CFPB said in a notice on Tuesday that it will not prioritize enforcement of a rule, established during Joe Biden's presidency ...

The Consumer Financial Protection Bureau (CFPB), which is undergoing significant changes under the Trump administration, has rescinded 67 guidance documents issued since 2011, including several ...

“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 ...

For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule, this time targeting buy now, pay later services. The CFPB said ...