The administration of President Donald Trump has been granted the authority to fire employees of the Consumer Financial Protection Bureau (CFPB), while ensuring that the agency is not dissolved, as determined by an appellate court on Friday. This ruling marks a new chapter in the complex narrative of an agency established to oversee the consumer lending sector in the aftermath of the financial crisis.

Recent developments in the U.S. financial regulatory landscape have captured significant attention after the Consumer Financial Protection Bureau (CFPB) dismissed its lawsuit against Comerica Bank. Previously accusing the lender of systemic mistreatment of millions of customers—predominantly people with disabilities and seniors—the CFPB’s latest move represents a notable shift in the approach to financial oversight.

Recent developments have once again confirmed that the US Federal Trade Commission (FTC) is fully prepared to proceed with its lawsuit against Amazon. This significant announcement underscores the agency’s steadfast commitment to enforcing consumer protection laws and regulating market practices on global financial markets.

The U.S. Consumer Financial Protection Bureau (CFPB) has made significant changes in its operations. Recently, the agency discontinued five legal cases against financial services companies, including the case against Capital One $COF. This decision comes amid widespread layoffs that have affected a large portion of the staff involved in litigating cases against these firms.