On June 18, 2025, the CFPB issued an interim final rule to extend the compliance dates for the small business lending rule and to make other date-related conforming adjustments. This adjustment is made in light of ongoing litigations concerning the final rule.

On June 6, 2025, Michelle W. Bowman spoke at the Georgetown University McDonough School of Business Psaros Center for Financial Markets and Policy where she described her approach to leading the Fed's Division of Supervision and Regulation as the Vice Chair for Supervision. In her speech, the new Vice Chair of Supervision outlined the principles she said are designed to enhance the Fed’s supervision and regulatory efforts and how they will be incorporated into the agency’s work.

On June 9, 2025, Michelle W. Bowman took the oath of office as Vice Chair for Supervision of the Federal Reserve Board on Monday. President Trump nominated Bowman on March 24, 2025, and the United States Senate confirmed her on June 4.

On June 6, 2025, the Federal Reserve Board announced the appointment of Michael E. Horowitz to lead the Federal Reserve Board's Office of Inspector General (OIG) effective June 30, 2025. By law, the Federal Reserve's OIG also fulfills this role for the CFPB, which is funded by but operates independently of the Federal Reserve.

On June 2, 2025, the ABA Banking Journal reported that the CFPB asked a federal court to vacate its rule on financial data sharing, citing the rule’s “numerous legal infirmities.” The CFPB issued the final rule on October 22, 2024, that requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s personal financial data and transfer it to another provider at the consumer’s request for free