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
The split ruling vacates a preliminary injunction that prevented Trump administration officials from cutting 95% of the bureau’s employees.| Banking Dive
A CFPB rule proposed Tuesday would restrict the bureau’s ability to supervise nonbanks. The agency said it aims to adopt a binding, standardized definition of “risks to consumers” that would make enforcement consistent.| Payments Dive