President Donald Trump’s executive order titled Regulatory Freeze Pending Review directs federal agencies to stop all rulemaking activity pending within the agency and to consider all rules already published as paused for 60 days. This LawFlash discusses the effect this regulatory freeze may have on the Consumer Financial Protection Bureau.| www.morganlewis.com
The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.| Consumer Financial Protection Bureau