The rescissions are not final and will allow the bureau to evaluate whether each of the items was statutorily prescribed, CFPB Acting Director Russ Vought said.| Banking Dive
Sen. Ruben Gallego, D-AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.| Banking Dive
The split ruling vacates a preliminary injunction that prevented Trump administration officials from cutting 95% of the bureau’s employees.| Banking Dive
The Financial Technology Association will seek to protect a Consumer Financial Protection Bureau open banking rule after receiving a federal judge’s permission to intervene.| Payments Dive