The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’

Quick Summary:

The "cease work" order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions.

It will stall regulation that could govern tech companies like Apple and Google.

Vought did not respond to a request to comment on the resignations or the effect of the shutdown.“The CFPB can't move those cases forward, so they're basically on ice at the moment,” a former CFPB staffer tells WIRED, who was granted anonymity over fears of retaliation.

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Article Details

Author / Journalist: Caroline Haskins

Category: TechnologyEconomy

Markets: United States

Topics: Business Business / National Affairs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 22:22:59 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 1917 words

Reading Time: 11 minutes read

Sentences: 81 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 26092958

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About Wired

Main Topics: TechnologyEconomy

Official Website: wired.com

Update Frequency: 13 posts per day

Year Established: 1993

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #111

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