CFPB moves to limit nonbank supervision with new 'risk to consumers' definition
CFPB proposes defining 'risks to consumers' as only high-likelihood, significant-harm conduct directly tied to consumer financial products or services.
Court nullifies "click-to-cancel" rule that required easy methods of cancellation
Judges rejected the FTC's arguments, emphasizing the requirement for preliminary regulatory analysis in rulemaking processes surpassing a $100 million threshold.