Joshua Kotin

Joshua Kotin

Cooley LLP

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CFPB Withdraws Guidance Documents in Shift from Nonbinding Policymaking

After ordering the review of all existing guidance put forth by the Consumer Financial Protection Bureau (CFPB), acting CFPB Director Russell Vought announced the withdrawal of almost 70 guidance documents dating back to the...more

5/16/2025  /  Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Consumer Protection Laws , Enforcement Priorities , Financial Institutions , FinTech , Guidance Documents , Regulatory Reform , Regulatory Requirements , Rulemaking Process

Slimmed-Down CFPB to Focus on Bank Oversight, Concrete Consumer Harm

On April 16, the Consumer Financial Protection Bureau (CFPB) sent an internal memorandum to CFPB staff describing its 2025 supervisory and enforcement priorities. Not surprisingly, the memo highlights its intended departure...more

4/24/2025  /  Banking Sector , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Debt Collection , Enforcement Actions , Enforcement Priorities , FinTech , Mortgages , Regulatory Agenda , Regulatory Oversight
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