The CFPB Shuts Down Controversial "Regulation Through Guidance" Practices
By EsqSocial Corporation 18/04/25
The acting head of the Consumer Financial Protection Bureau (CFPB) continues to winnow out regulatory tools used by agency staff under the prior administration. Just a month after revoking certain interpretative rules and announcing the deprioritized enforcement of others, the CFPB has now reportedly discontinued the Bureau’s longstanding practice of “regulation through guidance.”...
By: Katten Muchin Rosenman LLP