The House Financial Services Subcommittee on Financial Institutions is set to explore data privacy issues in an upcoming hearing titled “Framework for the Future: Reviewing Data Privacy in Today’s Financial System.”
In May 2025, the Consumer Financial Protection Bureau revoked nearly 70 guidance documents, marking a significant regulatory shift under new leadership. Additionally, since February, CFPB has dismissed most of its enforcement actions. This resource offers a clear, organized view of the CFPB’s rescinded and remaining actions across key consumer finance markets—including mortgage lending, credit cards, auto finance, and more. Use the accordion menus below to explore guidance withdrawals by sector, track remaining active documents, and assess potential compliance impacts.
In a recent decision, the U.S. Court of Appeals for the Second Circuit clarified the expectations for furnishers when investigating consumer disputes under the Fair Credit Reporting Act (FCRA). In Suluki v. Credit One Bank, No. 23-721 (2d Cir. May 28, 2025), the Second Circuit emphasized that the FCRA requires furnishers to conduct reasonable, not perfect, investigations into disputed accounts. The opinion also cements the fact that summary judgment is possible — and appropriate — when a furnisher conducts a reasonable investigation of a credit dispute.
The Consumer Financial Protection Bureau (CFPB) is providing long-delayed restitution to victims of predatory tech sales program Prehired, LLC (Prehired) after California and several other states pressed for answers in May.
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in March 2025.
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