News & Analysis as of June 1, 2025

Consumer Financial Protection Bureau (CFPB)

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Trump signs resolution voiding CFPB large nonbank supervision rule

Ballard Spahr LLP on 5/22/2025

President Trump has signed a resolution nullifying the rule implementing the CFPB’s power to supervise large nonbank financial services providers of general-use digital consumer payment applications....more

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Payment Systems › Supervisory Guidance › Consumer Financial Protection Bureau (CFPB)

Trump signs resolution voiding CFPB large nonbank supervision rule

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