In his Banking column, Sullivan & Cromwell partner Michael T. Escue discusses the terms and penalties and the key takeaways from the Consumer Financial Protection Bureau's consent order requiring ...
Russ Vought’s CFPB has been busier over the past two weeks, but not because of increased enforcement or supervision efforts. Instead, recent actions indicate that the administration intends to keep ...
The Trump administration's Consumer Financial Protection Bureau has quietly scrubbed over a decade of consumer guidance and ...
The agency is in discussions with the rent-rewards fintech regarding how it handled a card changeover after Wells Fargo ended ...
The CFPB has formally rescinded its rule creating a registry for nonbank enforcement actions. The rule, proposed during the Biden Administration, would have required certain nonbank entities to ...
“The CFPB is a regulatory mess,” said Clark Hill member Joann Needleman. States aggressively sought to fill the void in consumer protection this year after the Trump administration dismantled the ...
Eight Democrats in the Senate have expressed "profound alarm" about the Consumer Financial Protection Bureau's decision to terminate a consent order involving Navy Federal Credit Union's alleged ...
Key Insight: The CFPB still exists and mass layoffs have not yet occurred but the Trump administration has dropped enforcement actions and eliminated rules, nullifying the agency's broad reach. Expert ...
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October 23, 2025 - Traditional enforcement by federal regulatory agencies has dropped dramatically since the Trump administration took office in January. But this does not mean that businesses will ...
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