CFPB Examiners Adopt Lighter Oversight
Examiners at the US Consumer Financial Protection Bureau gave clean bills of health to most inspected companies this year. The shift follows political pressure and policy changes under the Trump administration.
Examiners at the United States Consumer Financial Protection Bureau gave clean reviews to over half of the 70 companies inspected in the spring, marking a sharp pivot toward leniency. The expedited reviews indicate supervisors found at most minor lapses with negligible risk to consumers, making penalties unlikely.
