Leaked email: the US CFPB plans a 50% reduction in supervisory activities and a shift in focus from fintech companies back to traditional banks (Paige Smith/Bloomberg) 17-04-2025

Paige Smith / Bloomberg:
Leaked email: the US CFPB plans a 50% reduction in supervisory activities and a shift in focus from fintech companies back to traditional banks — America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision …