On May 12, 2025, the CFPB published in the Federal Register the withdrawal of several Bureau guidance, interpretive rules, policy statements, and advisory opinions. The withdrawals are effective immediately.
The Bureau said it is withdrawing the guidance materials for three independent reasons: (1) “the Bureau is committed to issuing guidance only where that guidance is necessary and would reduce compliance burdens rather than increase them”; (2) “the Bureau is reducing its enforcement activities in light of President Trump's directives to deregulate and streamline bureaucracy, and therefore has no pressing need for interpretive guidance to remain in effect; and (3) “the Bureau does not believe that any reliance interests compel retention of guidance for several reasons.”
The list of withdrawn materials includes the following:
Policy Statement on No Action Letters, 90 FR 1970
Statement of Policy Regarding Prohibition on Abusive Acts or Practices, 88 FR 21883
Statement on Enforcement and Supervisory Practices Relating to the Small Business Lending Rule Under the Equal Credit Opportunity Act and Regulation B, 88 FR 34833
Statement on Supervisory and Enforcement Practices Regarding the Remittance Rule in Light of the COVID-19 Pandemic
Use of Digital User Accounts to Access Buy Now, Pay Later Loans, 89 FR 47068
Equal Credit Opportunity (Regulation B); Discrimination on the Bases of Sexual Orientation and Gender Identity, 86 FR 14363
Fair Credit Reporting; File Disclosure, 89 FR 4167
Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt, 89 FR 80715
Fair Credit Reporting; Background Screening, 89 FR 4171
Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt, 88 FR 26475
Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-in Practices, 89 FR 8007
Consumer Financial Protection Circular 2024-04: Whistleblower protections under CFPA Section 1057, 89 FR 65170
The full list of withdrawn materials can be found here.