In the Headlines
January 15, 2025

Trump Team Eyes Hiring Freeze, Regulatory Rollbacks for CFPB

American Banker
Financial Services attorney Eamonn Moran was quoted in an American Banker article about the anticipated changes at the Consumer Financial Protection Bureau (CFPB) under the incoming Trump Administration. The article discussed potential leadership shifts and regulatory rollbacks, as well as the possibility of an immediate hiring freeze at the agency. Mr. Moran highlighted the unpredictability of the CFPB's future direction, saying new leadership could make an immediate impact through stopping current enforcement actions and rescinding nonbinding guidance.

"The big question is what will remain and what will change?" he remarked.

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