CFPB’s new director backs away from ‘payday rule’
President Trump’s pick to head the Consumer Financial Protection Bureau has initiated the first step toward delaying implementation of a controversial “payday rule” enacted in October.
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Goodbye CFPB; it was fun while it lasted.
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News BriefCFPB humility pledge reshapes exam process, as agency faces uncertain future
The U.S. Consumer Financial Protection Bureau’s Supervision Division introduced a new “humility pledge” last month that examiners will read aloud at the start of each oversight engagement. It’s another shift in how the organization handles itself under the Trump administration.
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News BriefCFPB shutdown appears imminent, enforcement transferred to DOJ
The Consumer Financial Protection Bureau is reportedly transferring its enforcement caseload to the DOJ, one of multiple indicators telegraphing its eminent shutdown.