The Consumer Federation of America and the Student Borrower Protection Center published a memorandum detailing the public enforcement actions that were dismissed by the Trump-Vought Consumer Financial Protection Bureau. The dismissal of these actions pardons repeat offender banks and corporations, setting a dangerous precedent. The agency is also seeking to abolish or modify court orders where lawbreaking companies agreed to compensate consumers and pay fines for their misconduct. This memorandum serves to memorialize the full sweep of CFPB enforcement actions and call attention to the administration's abandonment of the consumers they are required to protect.

CFA Senior Fellows Tara Mikkilineni, Brad Lipton, and Eric Halperin contributed to this memorandum.