The Reg E Reader features insights from Winston & Strawn’s multidisciplinary Consumer Financial Services Group on legal and enforcement developments related to Regulation E. The blog provides guidance and best practices for those who must remain compliant with the complex, evolving requirements of the regulation. In this blog post, Caitlin Mandel, Arman Aboutorabi, and Sydney Alexandra Rose provide a year-end review on the status of the CFPB, highlighting recent news, rulemaking activities, and hints toward the agency's future heading into 2026.

On November 7, 2025, the U.S. Department of Defense announced a comprehensive overhaul of its procurement strategy named the “Acquisition Transformation Strategy” (ATS). The ATS envisions a wartime-oriented process that aims to prioritize rapid fielding to get equipment into the hands of warfighters, industrial-base expansion, and tighter coupling of requirements, resourcing, and acquisition execution. The accompanying directives signal a consequential restructuring of U.S. defense acquisition, requirements, and security cooperation processes as the Department aims to disestablish legacy joint requirements governance in favor of an integrated, budget-aligned model that is focused on speed, accountability, and mission outcomes. The new “Warfighting Acquisition System” will replace the existing “Joint Capabilities Integration and Development System,” creating both new opportunities and risks for federal contractors as they navigate shifting compliance expectations and material risk exposures in all aspects of the defense acquisitions process, including budget overruns, timely performance, and exportability of next-generation platforms.