On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve as the Undersecretary of Domestic Finance. McKernan had been awaiting Senate ...

President Trump signed a Congressional Review Act resolution repealing the CFPB’s final rule restricting overdraft fees at ...

With the Blockchain Association's Kristin Smith moving to become the president of the Solana Policy Institute, CFTC ...

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced a sweeping withdrawal of 67 guidance documents issued since the ...

The Consumer Financial Protection Bureau issued a policy directive rescinding scores of standing guidance documents, ...

Now that he’s nominated for a key role at Treasury, it’s unclear whether McKernan’s CFPB nomination can or will proceed.

The CFPB was created by Congress in 2010 in the ... various consumer advocacy groups in February as the Trump-appointed leadership was first trying to hollow it out. The DC Circuit previously ...

In February, a federal judge in Texas paused consideration of that case until June, which the Trump-appointed CFPB leadership agreed to. If the plaintiffs succeed, it will overturn the regulation.

Stream Los Angeles News for free, 24/7, wherever you are. The Consumer Financial Protection Bureau filed a lawsuit in 2017 against the trusts, which it described as a group of 15 "securitization ...

The White House’s dismantling of the CFPB sends a dangerous signal to banks and lenders: Without robust federal oversight, unscrupulous acts may go undetected or unpunished. Here in Illinois ...