On December 2, a non-governmental policy organization affiliated with Democratic state attorneys general announced the formation of a Consumer Protection and Affordability Working Group. The initiative will be supported by participating attorneys general and advised by Rohit Chopra, the former
On November 21, the CFPB announced changes to how its Supervision Division will conduct examinations, including a new “Humility Pledge” that examiners must read to supervised entities at the start of each review. The Bureau stated that the
On December 1, 2025, the Federal Reserve released its semiannual Supervision and Regulation Report describing a broad reduction in outstanding supervisory findings across institutions of all sizes. The report indicates declines among global systemically important banks, large foreign and domestic
On November 18, the OCC issued Interpretive Letter 1186 confirming that a national bank may, as an activity incidental to the business of banking, pay crypto-asset network fees to support otherwise permissible banking activities. The letter also states that a
On November 20, 2025, the CFPB notified staff that it will begin transferring its remaining enforcement lawsuits and other pending litigation to the Department of Justice. The shift comes as the agency anticipates running out of operating funds under the
On November 18, the California Privacy Protection Agency (CPPA) announced the creation of a Data Broker Enforcement Strike Force within its Enforcement Division to investigate alleged violations of the California Consumer Privacy Act and the Delete Act’s data broker registration
On November 5, the Washington Department of Financial Institutions issued a consent order against a mortgage company and its designated broker following an examination of activities under the Mortgage Broker Practices Act and the Consumer Loan Act. The order resolves
On November 12, SEC Chair Paul Atkins delivered remarks at the Federal Reserve Bank of Philadelphia describing the SEC’s direction for digital asset oversight under “Project Crypto.” The speech previewed a forthcoming “token taxonomy” grounded in the Supreme Court’s Howey
On November 17, the FTC announced a final court order permanently banning a small-business financing company and its chief executive from offering business financing, debt relief, and credit repair services and imposing a $48,280,328 monetary judgment to resolve allegations of
On November 13, the CFPB issued a proposed rule to amend Regulation B’s 2023 small business lending rule implementing section 1071 of the Equal Credit Opportunity Act. The proposal would revise the scope of covered transactions, redefine which institutions are subject
