News

DC Circuit Questions Trump Administration's Alleged CFPB Shutdown Mission
"Part of what's at stake in the case is what feels like a rather reckless treatment of an institution," Judge Cornelia T.L.
JD Supra5h
Banking Nominees Advance, SEC Tackles Tokenization and OCC Issues Custody Guidance
Several significant regulatory and policy developments took place this week in Washington. The Senate banking committee advanced several ...
JD Supra5h
CFPB Director Nominee to Move to Treasury Finance Role
On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve as the Undersecretary ...
National Law Review5h
CFPB Update: Policy and Leadership Changes Further Belief the Consumer Protection Agency Has Lost (Most of) Its Bite
Changes regarding the future of the Consumer Financial Protection Bureau (CFPB), including both the agency's leadership and ...
National Law Review23h
CFPB Withdraws Guidance and Proposed Rules on Data Broker, Video Game Payments, and Contract Clauses
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) ...