US consumer bureau shifts to limited oversight instead of dismantling agency
Reuters·2025-11-21 21:16
Core Viewpoint - The U.S. Consumer Financial Protection Bureau (CFPB) plans to continue limited supervision of financial institutions in 2026, indicating a departure from the previous commitment to dismantle the agency by acting Director Russell Vought [1] Group 1 - The CFPB's decision reflects a significant policy shift in its operational strategy [1] - The agency's continued supervision may impact the regulatory landscape for financial institutions moving forward [1]