Consumer Protection Law
Feb. 27, 2025
Regulatory reset: Trump administration's efforts to reshape the CFPB
Companies celebrating a potential regulatory retreat from the CFPB should beware: state regulators could step into the void, private litigation risks remain high and today's compliance shortcuts could become tomorrow's costly fixes.





A.J. Dhaliwal
Partner, Sheppard, Mullin, Richter &
AJ is special counsel in the firm's Finance and Bankruptcy Practice Group.

Mehul Madia
Special Counsel, Sheppard, Mullin, Richter & Hampton LLP

Maxwell Earp-Thomas
Associate, Sheppard Mullin

The Trump administration has taken steps to curb the powers of the Consumer Financial Protection Bureau (CFPB), the federal consumer finance watchdog created in response to the 2008 financial crisis. While the long-term effects of these policy changes remain uncertain, their short-term impact on the Bureau's core activities--supervision, enforcement, and rulemak...
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