Maryland senator meets with Kilmar Abrego Garcia; Supreme Court docket to listen to birthright citizenship arguments

CFPB Chief Authorized Officer Mark Paoletta despatched a doc yesterday outlining a shift within the bureau’s enforcement priorities — together with shifting assets “away from enforcement and supervision that may be accomplished by the States.” 

The memo says the bureau’s focus will shift “again to depository establishments, versus non-depository establishments,” and “on precise fraud towards shoppers,” and it added an emphasis on respecting federalism and different federal companies’ regulatory energy. The bureau stated it might de-prioritize “loans or different initiatives” for criminals, medical debt, peer-to-peer platforms and lending and pupil loans, amongst different areas.

DOGE workers visited the bureau’s headquarters at the very least as soon as in February, stated a supply who witnessed their go to.

An auto-reply e-mail response from the CFPB’s Bureau of Fiscal Service confirms the widespread nature of the RIF notices: “We’re presently receiving an inflow of inquiries concerning the discover of Discount in Pressure issued April 17, 2025. We’re working diligently to handle every particular person inquiry. Thanks prematurely on your persistence.”

As of the beginning of this 12 months, the CFPB had roughly 1,700 workers.

This night, the GOP-led Home Monetary Companies Committee stated on X, “The Committee applauds Performing Director Vought’s reprioritization of the CFPB’s enforcement priorities. This can be a welcomed change from the Biden Administration’s aggressive regulation by enforcement method.”