After 90% of CFPB staff was laid off this week, industry experts weigh in on what lenders should expect on compliance.

In February 2025, the Trump administration suspended operations at the Consumer Financial Protection Bureau (CFPB), a federal agency that protects consumers from fraud and unscrupulous banking ...

It will give his political appointees wide leeway to shrink the CFPB footprint significantly. However, the order makes clear that the administration cannot trim the bureau down so much that it ...