The Trump Administration is ordering all CFPB examiners to read a “Humility Pledge” to officials at supervised entities before conducting exams. In making the announcement, CFPB officials sharply ...
The top lawyer at the Consumer Financial Protection Bureau sent an email to the agency's supervisory staff telling examiners that if they are not working, they are disobeying orders. On Tuesday, the ...
On November 21, the CFPB announced changes to how its Supervision Division will conduct examinations, including a new “Humility Pledge” that examiners must read to supervised entities at the start of ...
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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 ...
Consumer groups warn CFPB’s plan to narrow nonbank supervision would gut oversight as the bureau braces for layoffs The Consumer Financial Protection Bureau (CFPB) is facing growing pushback over its ...
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