from Hacker News

CFPB: Withdrawal of Rules, Policy Statements, and Advisory Opinions Since 2011

by impish9208 on 5/12/25, 7:03 PM with 1 comments

• by sjsdaiuasgdia on 5/12/25, 7:21 PM

  > First, the Bureau is committed to issuing guidance only where that guidance is necessary and would reduce compliance burdens rather than increase them. Historically, the Bureau has released guidance without adequate regard for whether it would increase or decrease compliance burdens and costs.

  Well gee. I might just expect the Consumer Financial Protection Bureau to be concerned first and foremost with protecting consumers and put business interests at a lower priority.

  "Don't ever make life harder for businesses" is a shameful policy directive.