CFPB Races Ahead With Rule Rollbacks as Funds Run Out

Also, Atkins says tokens may not be securities forever; Hassett makes his pitch for Fed chairman

Russell Vought may be letting the CFPB’s budget dwindle to zero, but he’s sprinting to the finish. The acting director today approved two rule proposals, one to shrink a small business loan reporting rule loathed by banks and another to blunt enforcement of a key anti-discrimination lending law. The actions set off the predictable cheers and condemnatio…