Fair lending legislation has shifted gears towards ensuring all consumers have access to financial services regardless of their political beliefs.

As of Monday morning, the bureau's website home page showed a "404 error: not found" message.

An executive order directs agencies to identify at least 10 regulations or guidance documents to repeal for every new regulation issued.

Lenders should work to reduce the Latino homeownership gap, according to Laura Arce, senior vice president for economic initiatives at UnidosUS said.

Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.

Issues relating to credit reports accounted for 86.6% of all complaints in 2024.

The bulk of the complaints submitted to the CFPB last year involved inaccurate information on credit reports. Transunion, Equifax and Experian, as usual, were the most-complained about companies. (Includes two data tables.)

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.

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.

A potential slowdown of regulations and actions taken by the CFPB during the second Trump administration could alleviate regulatory pressure on financial service providers.