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What Does the CFPB’s Withdrawal of Guidance Documents Mean for Bank Compliance

On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of various guidance, interpretive rules, policy statements, and advisory opinions issued since the CFPB assumed its functions in 2011....more

Trump’s New Executive Order Targeting Disparate Impact Liability May Target Fair Lending as Well

On April 23, 2025, President Trump issued an executive order (EO) titled “Restoring Equality of Opportunity and Meritocracy,” which seeks to eliminate disparate impact liability, denouncing it as a threat to equal opportunity...more

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