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) ...

According to the notice, the rescinded documents include guidance dating back to 2011 and cover a wide range of topics. The ...

The reversal comes as a surprise to many, especially given growing concerns over how personal data is collected and sold in the U.S. With the rise of digital technologies, data brokers have amassed ...

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various guidance, interpretive ...

The Consumer Financial Protection Bureau (CFPB) is taking a red pen to its own playbook.  In a sweeping move that signals a recalibration of ...

The new Trump administration has brought deregulation and staff cuts to the Consumer Financial Protection Bureau, leaving ...

The Trump administration has taken aggressive steps to dismantle the CFPB, initially proposing to shut it down completely. It later suggested the agency could operate with just 10% of its current ...

Consumer watchdog groups warned that withdrawing the rule leaves Americans more vulnerable to fraud and identity theft.