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Regulatory Freeze Financial Regulatory Reform Enforcement Actions

Ballard Spahr LLP

What about CFPB examinations and other supervisory activities

Ballard Spahr LLP on

As we previously blogged about, Acting Director Scott Bessent circulated a message throughout the CFPB on February 3 directing “…all employees, contractors, and other personnel of the Bureau...more

Troutman Pepper Locke

Trump Fires CFPB Director Rohit Chopra, Announces Bessent as Successor

Troutman Pepper Locke on

In a significant and highly anticipated move, President Donald Trump has fired Rohit Chopra, the Director of the Consumer Financial Protection Bureau (CFPB or Bureau). Rohit Chopra, who had been serving as the Director of the...more

McGlinchey Stafford

Chopra Out. Bessent In (for Now). What’s Next at the CFPB?

McGlinchey Stafford on

As expected, the Trump administration formally terminated CFPB director Rohit Chopra over the weekend. And also as expected, President Trump used the Federal Vacancies Reform Act to appoint an acting CFPB Director—Treasury...more

Paul Hastings LLP

New Executive Orders Signal Changing Environment for Crypto

Paul Hastings LLP on

The new Trump administration took numerous actions in its first week, including an order directing the creation of a working group on Digital Asset Markets. The president’s other actions touch on numerous areas of the...more

Ballard Spahr LLP

Mulvaney puts hold on CFPB data collection, takes other actions as Acting Director

Ballard Spahr LLP on

We have previously blogged about reports that Mick Mulvaney, President Trump’s designee as CFPB Acting Director, has put a 30-day freeze on all regulatory action, CFPB hiring, and new enforcement cases. ...more

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