The new Trump administration has brought deregulation and staff cuts to the Consumer Financial Protection Bureau, leaving ...

Consumer watchdog groups warned that withdrawing the rule leaves Americans more vulnerable to fraud and identity theft.

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 ...

Explore the potential impact of new bank rules as regulators propose reducing capital requirements established after the 2008 ...

The CFPB's civil penalty fund faces cuts, jeopardizing billions in compensation for defrauded consumers. The impact on ...

The Consumer Financial Protection Bureau has rescinded 39 guidance documents that had provided insight into the regulator's ...

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various guidance, interpretive ...

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 ...

According to the notice, the rescinded documents include guidance dating back to 2011 and cover a wide range of topics. The ...

Effective May 12, 2025, the Consumer Financial Protection Bureau (CFPB) formally revoked 67 different guidance documents by publishing a notice in ...

On May 15, the CFPB withdrew three Biden-era rulemaking proposals, including a December 2024 proposal to regulate data brokers as consumer reporting agencies under the Fair Credit Reporting Act (FCRA) ...