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Home » Trump administration

Articles Tagged with ''Trump administration''

Trump Fires Chopra; Bessent Appointed as Acting Director

February 3, 2025
Shannon Clark
CFPB Director Rohit Chopra made a reputation as an aggressive and active regulator, going after bank overdraft charges, credit card late fees and big nonbanks’ wallet apps.
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Kraninger Foresees Changes in CFPB Structure, Activity

February 3, 2025
Shannon Clark
Former CFPB Director Kathy Kraninger said with GOP control of the House and the Senate, it’s possible that the Trump White House will revamp the structure of the CFPB.
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CFPB Calls on States to Strengthen Consumer Laws

February 3, 2025
Shannon Clark
A new report released by the bureau recommended several actions state regulators can take to “mirror” recent work done by the CFPB.
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Treasury's Bessent Named Acting CFPB Director as Chopra Departs

February 3, 2025
Shannon Clark
In his departure letter, Chopra said he knows the CFPB is "ready to work" with President Trump.
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CFPB Reinstates No-Action Letters, Sandbox Approval Programs

January 21, 2025
Shannon Clark
The two programs have been updated to promote innovation, competition, ethics and transparency.
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HUD Secretary Nominee Turner Punts on Budget Questions

January 17, 2025
Monica Hogan
Scott Turner, nominee for secretary of the Department of Housing and Urban Development, told senators during his confirmation hearing that Congress holds the purse strings.
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States to Step Up Amid Likely Reduced Federal Enforcement

January 6, 2025
Shannon Clark
Regulators in some states controlled by Democrats are poised to increase their oversight of consumer protection laws as the CFPB’s focus is expected to shift under the incoming Trump administration.
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CFPB Scrambles to Complete Agenda Items Before Jan. 20

January 6, 2025
Shannon Clark
The bureau’s fall regulatory agenda listed December as the date for issuing three final rules among several other items. None of the items has been issued so far.
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Biden Admin to Leave Regulatory Items Lingering

January 2, 2025
Brandon Ivey
The next step to revise capital requirements for large banks is undetermined, two mortgage efforts at the CFPB will fall to a Republican appointee and FHFA’s planned reforms for the FHLBanks face uncertainty.
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Affordable Housing Advocates Brace for Policy Shifts Under Trump

December 12, 2024
Monica Hogan
Some former federal officials who spoke this week at a policy conference said the Trump administration might roll back, or at least revisit, recent housing regulations that touch on climate change.
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