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CFPB Withdraws Nearly 70 Previously Issued Guidance Documents
On May 12, 2025, the Consumer Financial Protection Bureau (CFPB) published notice in the Federal Register that it is withdrawing 67 previously issued interpretive rules, policy statements, and advisory opinions dating back to 2011. While the amount of guidance being withdrawn by the agency is too numerous to detail fully, below are the highlights.
Policy Statements (8 total)
Interpretive Rules (7 total)
Advisory Opinions (13 total)
Other Guidance (39 total)
In its notice, the CFPB indicated that it’s withdrawing previously issued guidance in light of the President’s directive to deregulate and streamline bureaucracy. Going forward, the agency intends to only issue guidance when absolutely necessary and only to reduce compliance burdens, not increase them.
USPS Redesigns Postal Money Orders to Enhance Security Features
In February, the United States Postal Service (USPS) began selling redesigned postal money orders to further deter counterfeiting and other fraudulent activity. The new money orders are red, white, and blue and contain a new routing number. Among the additional security features are a watermark of a Pony Express rider, a security thread that reveals the letters USPS, and a QR code. The QR code directs users to the USPS website to check the status of the money order.
Legacy USPS money orders (green coloring on the top and bottom) remain fully negotiable and will continue to be sold until the stock is depleted. The redesigned money order will eventually be available for purchase at all post office locations. Additional information is available on the Sending Money Orders page of www.usps.com.
Legacy Postal Money Order |
