The U.S. Consumer Financial Protection Bureau (CFPB) signaled a softer regulatory approach last month, easing its investigation of financial firms following the U.S. government’s broader efforts under President Donald Trump to scale back regulatory enforcement on businesses. The agency reaffirmed this pivot as it will ease scrutiny of “Buy Now, Pay Later” (BNPL) firms.
Oscar Gonzalez
Oscar Gonzalez is a freelance writer and editor who covers tech, misinformation, business, and the stock market. He's written for Gizmodo, CNET, TheStreet, CBS, and NBC.
Email: oscar.gonzalez@complianceweek.com
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Posted inEthics & Culture
ADQ’s Fatima Almarzooqi is Compliance Week’s 2025 Rising Star in Compliance Award Winner
Fatima Almarzooqi, senior compliance specialist at ADQ, has spent five years in the industry, working across direct engagement with subsidiary leadership, regulatory advisory, and the implementation of wide-scale compliance initiatives. But it’s her thoughtful and fun ideas that made her a Rising Star in Compliance at the 2025 Excellence in Compliance Awards.
Posted inRegulatory Enforcement
FTC sues Uber over deceptive subscriptions, a rare move for consumers by Trump officials
The Federal Trade Commission (FTC) filed a lawsuit against Uber, alleging the ride-hailing company signed customers up for its Uber One subscription without consent, then made it hard for them to cancel. The move marks the U.S. government’s latest broadside against big tech companies, and the first major action from the FTC after two Democratic commissioners were dismissed by President Donald Trump in March.
Posted inRegulatory Enforcement
CFPB pullback signals further shift toward industry-friendly regulation
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking the agency’s closure.
Posted inEthics & Culture
Survey highlights demand for quick, customizable, and cost-effective compliance training
Compliance training has become less expensive and more customizable to keep up with the constant rule changes, according to a new survey by microlearning training platform Ethena and Compliance Week.
Posted inRegulatory Enforcement
DOJ disbands crypto investigation unit, another sign of the Trump administration’s support of digital currency
The U.S. Department of Justice (DOJ) disbanded its crypto investigation unit on Monday, marking another step from President Donald Trump to support the crypto industry and lighten the regulatory burden of potential crypto crime investigations that had started under the Biden administration.
Posted inData Privacy
EU looking to scale back GDPR in coming weeks
The European Union’s General Data Protection Regulation has been in effect since 2018, requiring companies to securely handle users’ personal data. The European Commission will reportedly review the regulations and claw back some of the rules, which could make doing business in Europe a little easier for these companies.
Posted inRegulatory Enforcement
Dismissed Democrats on FTC sue Trump administration
Two former Democratic members of the Federal Trade Commission–Alvaro Bedoya and Rebecca Kelly Slaughter–filed a lawsuit against President Donald Trump and the remaining commissioners, claiming their recent termination was without cause and that the courts should rule their dismissals as “unlawful and ineffective.”
Posted inEurope
EU regulator questions ‘culture of compliance’ with Digital Markets Act at Apple, Google
The European Commission released its preliminary findings last week regarding Apple and Google not complying with the Digital Markets Act. It issued orders to both companies regarding their business practice and plans to release all of its findings next week.
Posted inRegulatory Enforcement
Treasury reversal of OFAC sanctions against Tornado Cash signals eroding AML scrutiny
The U.S. Treasury Department lifted its sanctions against cryptocurrency mixer Tornado Cash on Friday after a federal appeals court ruled in November the penalty levied by the agency’s Office of Foreign Assets Control was an overreach.
