CFPB Rulemaking Agenda Under Trump Pared Back

• Agency drops overdraft proposal from semiannual list • Debt collection proposal seen within a year

The Consumer Financial Protection Bureau is trimming its rulemaking plans, but sees a proposed debt collection rule within the next year, according to the agency’s semiannual regulatory list.

The near-term docket released May 9 has eight items in the pre-rule, proposed rule, and final rule stages.

That’s down from 13 items on the last semiannual list, published in December. The decrease is in line with the deregulatory aims of President Donald Trump, who installed Office of Management and Budget Director Mick Mulvaney as acting ...