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Home » CFPB to cut financial firm supervision, curb fintech focus

CFPB to cut financial firm supervision, curb fintech focus

It will curb suspension events by 50%

Bloomberg NewsbyBloomberg News
April 18, 2025
in Risk Management
Reading Time: 3 mins read
0
CFPB to cut financial firm supervision, curb fintech focus

The US Consumer Financial Protection Bureau headquarters in Washington, DC.

America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm oversight. The Consumer Financial Protection Bureau said it will curb the number of supervision “events” by 50% and leave other enforcement actions to states, according to […]

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