House Financial Services Committee Approves Legislation to Place CFPB Under...
The House Financial Services Committee on September 16 approved H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026, by a 28-21 vote. The legislation, sponsored by Rep....
View ArticleReuters Reports on Internal CFPB Warning to Examiners: What Does It Mean for...
Reuters reported yesterday that an internal email sent by a senior Consumer Financial Protection Bureau (CFPB) official warned examination staff to avoid making “inflammatory or newsworthy” comments...
View ArticleReport: Russell Vought Expected to Remain at CFPB as Senior Adviser Pending...
According to a report by Eleanor Mueller of Semafor, Russell Vought is expected to remain at the Consumer Financial Protection Bureau in a senior adviser role after his service as Acting Director ends...
View ArticleIs a “Private CFPB” Emerging? Or Is a New Consumer Protection Ecosystem...
“Nature abhors a vacuum.” — AristotleThe Consumer Financial Protection Bureau’s dramatic retreat from enforcement during 2025 and 2026 has created one of the most significant shifts in consumer...
View ArticleCFPB’s OIG investigating current workforce and contracting developments plus...
The CFPB’s Office of Inspector General is still investigating the agency’s workforce and contracting moves to see what impact it has had on agency actions.“We are reviewing the CFPB’s workforce and...
View ArticleToday’s podcast episode: CFPB Supervision Reset? What Banks and Non-Banks...
On today’s episode of the Consumer Finance Monitor Podcast our host, Alan Kaplinsky, discusses the rapidly evolving landscape of federal financial supervision with Sherra Brown, Head of Regulatory...
View ArticleTrump Administration says CFPB has cost consumers hundreds of billions of...
Since its inception in 2011, the CFPB has cost consumers between $237 billion and $369 billion, the Trump Administration’s Council of Economic Advisers (CEA) said, in a report.“Through a combination of...
View ArticleCFPB releases college credit card report
For the first time since 2017, the total number of college- and university-affiliated credit card issuers did not decrease, but stayed at 133, according to the CFPB’s annual “College Credit Card...
View ArticleCFPB soliciting comments on how to improve Consumer Response Intake Form
In the request for comments, the CFPB states that it is soliciting comments on how to improve its Consumer Response Intake Form. The CFPB advises that Consumer Response Intake Form is designed to help...
View ArticleCFPB blasts former Bureau leadership for ‘regulatory overreach’
The CFPB, under former Director Rohit Chopra, regularly engaged in regulatory overreach, the Bureau’s current leadership said in its semi-annual report, covering the period from April 1- September 30,...
View ArticleCFPB examiners to read ‘Humility Pledge’ when they begin exams
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...
View ArticleCFPB rescinds amendments to the Rules of Practice for Adjudication Proceedings
Effective October 29, 2025, the CFPB finalized its rule, published at 90 Fed. Reg. 48737-60, rescinding certain amendments to the rules made on February 22, 2022 (prior blog) and on March 29, 2023...
View ArticleCFPB withdraws proposed registry of nonbank contract terms
On October 29, 2025, CFPB withdrew its proposed rule titled Registry of Supervised Nonbanks That Use Form Contracts To Impose Terms and Conditions That Seek To Waive or Limit Consumer Legal...
View ArticleCFPB Restores CSI Treatment of “Pose Risk” Decisions
Effective October 27, 2025, the CFPB rescinded the amendments to the Procedures for Supervisory Designation Proceedings that it adopted in April 2022, November 2022, and April 2024, , with the...
View ArticleToday’s podcast episode: A Deep Dive into the Fight for the CFPB’s Survival
We recently wrote about the August 15th D.C. Circuit Court of Appeals decision in the lawsuit brought by the labor unions representing CFPB employees against Acting Director Russell Vought. The unions...
View ArticleCFPB Seeks Comments On Raising ‘Larger Participant’ Thresholds
On August 8, 2025, the Consumer Financial Protection Bureau (“CFPB”) issued four advance notices of proposed rulemaking (“ANPR”) inviting comments on whether it should substantially reduce the number...
View ArticleToday’s podcast episode: The Impact of the Newly Established Priorities and...
Our podcast show being released today is Part 2 of our two-part series featuring two former CFPB senior officers who were key employees in the Enforcement Division under prior directors: Eric Halperin...
View ArticleToday’s podcast episode: The Impact of the Newly Established Priorities and...
Our podcast shows being released today and next Wednesday, June 18 feature two former CFPB senior officers who were key employees in the Enforcement Division under prior directors: Eric Halperin and...
View ArticleToday’s podcast episode: The Impact of the Newly Established Priorities and...
Our podcast show being released today features two former CFPB senior officers who were key employees in the Supervision Division under prior directors: Peggy Twohig and Paul Sanford. Peggy was a...
View ArticleTrump signs resolution voiding CFPB large nonbank supervision rule
President Trump has signed a resolution nullifying the rule implementing the CFPB’s power to supervise large nonbank financial services providers of general-use digital consumer payment applications....
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