Article
Changes from the Top: the 2nd Trump Administration’s Efforts to Sharply Limit the CFPB And the Growing Role of State AGs and Other Actors in the Consumer Protection Landscape
Article
June 18, 2025
Partner Elizabeth Ireland and associate Starling Gamble co-authored an article titled “Changes from the Top: the 2nd Trump Administration’s Efforts to Sharply Limit the CFPB And the Growing Role of State AGs and Other Actors in the Consumer Protection Landscape” for The Review of Banking & Financial Services, a periodic review of special legal developments affecting lending and other financial institutions.
The article explores some of the key changes for financial services enforcement in the beginning of the second Trump presidency. During this time, the administration has emphasized certain enforcement areas—such as de-banking and lending to service members—while also revamping one of the primary mechanisms through which financial services institutions are investigated with drastic changes to the Consumer Financial Protection Bureau. Elizabeth and Starling contemplate what may come next—and how other actors may take a more leading role.