Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of ...

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

On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve as the Undersecretary ...

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

Jonathan McKernan, awaiting a Senate vote on his nomination to lead the CFPB, will get tapped for another job at the Treasury ...

The Trump administration is poised to reopen a Biden-era rule allowing customers to share their sensitive bank data with ...

The Consumer Financial Protection Bureau plans to rescind a number of Biden-era proposals in its latest regulatory retreat, ...

Treasury Department and CFPB didn’t respond to further inquiries on whether another CFPB nomination is forthcoming or why the switch for McKernan. McKernan’s nomination to lead the CFPB has ...

According to Law360, a spokesperson for the White House later confirmed that McKernan’s nomination with the CFPB will not proceed. Bessent said in an announcement on Friday that the president ...