On November 21, the CFPB released its annual report detailing its activities to administer the FDCPA, and summarizing trends in consumer complaints the Bureau received in 2024.
On November 25, the House Financial Services Committee majority staff published Operation Chokepoint 2.0: Biden’s Debanking of Digital Assets, a detailed account of how, in the Committee’s view, federal prudential regulators between 2021 and early 2025 discouraged banks from serving lawful digital asset businesses through informal guidance, supervisory posture, and enforcement.
In Fiscal Year 2026, ending September 30, 2026, the CFPB will need $279.6 million just to maintain its activities that are required by law, Bureau Acting Director Russell Vought wrote in letters to House and Senate appropriators and President Trump.
Bankruptcy filings in the United States continued their upward climb in 2025, reflecting the growing financial pressure on both households and businesses. New data from the Administrative Office of the U.S. Courts shows that personal and business filings increased 10.6% in the twelve-month period ending September 30, 2025, compared with the previous year.
Debt settlement firms are no longer operating on the margins of consumer finance. From high-balance personal loans to everyday credit cards, more consumers are turning to third-party representatives to help navigate repayment. For lenders and servicers, this shift requires more than reactive handling—it demands a deliberate, infrastructure-supported strategy for engagement.
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