Auditors gave the CFPB’s 2025 financial statements a “clean” opinion even though the bureau reported significant financial changes under new leadership.
The White House Council of Economic Advisers determined that since 2011, the CFPB’s regulatory burden has cost consumers between $237 billion and $369 billion. A CFPB booster disputes the analysis.
The GAO detailed all significant events that occurred at the CFPB as part of its reorganization efforts between February and August 2025. The bureau disputed the accuracy of the report.
The NTEU argued that the Trump administration will eliminate the CFPB, and by the end of the case, it will be too late for the court to do anything about it. A hearing is set for Feb. 24.
Non-agency lenders are expecting an increase in originations following the Trump administration’s announcement that the GSEs will add $200 billion to their MBS holdings.