Andrew Benton

1 month ago | jdsupra.com | Michael Anderson |Andrew Benton |Hunter Bruton

On May 12, the Consumer Financial Protection Bureau (“CFPB”) and acting CFPB Director Russell Vought announced in a Federal Register filing that it is withdrawing dozens of its existing guidance materials—including policy statements, advisory opinions, and interpretive rules—dating back to the agency’s founding following the Dodd-Frank Act of 2010.

1 month ago | smithlaw.com | Hunter Bruton |Michael Anderson |Andrew Benton

By Hunter Bruton, Michael Anderson and Andrew BentonOn May 12, the Consumer Financial Protection Bureau (“CFPB”) and acting CFPB Director Russell Vought announced in a Federal Register filing that it is withdrawing dozens of its existing guidance materials—including policy statements, advisory opinions, and interpretive rules—dating back to the agency’s founding following the Dodd-Frank Act of 2010.

2 months ago | jdsupra.com | Michael Anderson |Andrew Benton |Hunter Bruton

Federal banking regulators are rapidly rewriting the playbook. In the early months of the second Trump administration, sweeping shifts in policy and supervisory priorities are already taking shape. One of the most consequential changes? A dramatic pivot by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) in how they assess reputational risk during bank examinations.