The Notice – “Interpretive Rules, Policy Statements, and Advisory Opinions; Withdrawal” – lists a total of 67 items of guidance being withdrawn by the CFPB with all of the withdrawals being applicable as of May 12, 2025. Recent Actions On April 11, 2025, Acting Director Vought issued an internal memorandum prohibiting improper use of guidance by the CFPB and directing a review of all guidance material previously produced. On May 12, 2025, the CFPB published Interpretive Rules, Policy Statements, and Advisory Opinions, Withdrawal. The document withdrew 8 policy statements, 7 interpretive rules, 13 advisory. On May 9,2025, the Consumer Financial Protection Bureau (“CFPB”) filed a formal notice withdrawing 67 regulatory guidance documents in the Federal Register (here). The withdrawal of these various policy statements, interpretative rules, and advisory opinions (collectively, the “Withdrawal”) is effective May 12, 2025. However, the CFPB stated that the. On May 12, 2025, the CFPB announced the withdrawal of 67 regulatory guidance documents, including interpretive rules, policy statements, and advisory opinions. 90 FR 20084. This guidance has taken the form of guidance documents, interpretive rules, advisory opinions, and policy statements. In many instances, this guidance has adopted interpretations that are inconsistent with the statutory text and impose compliance burdens on regulated parties outside of the strictures of notice-and-comment rulemaking. [1] In a sweeping announcement, the Consumer Financial Protection Bureau (CFPB) revoked nearly 70 interpretive rules, advisory opinions, and guidance documents on May 12, 2025. The Federal Register Notice adds to the pullback on enforcement actions and other key moves taken by the CFPB’s Acting Director including, on May 23, 2025, its position filed in pending litigation that the Open Banking. The Consumer Financial Protection Bureau (CFPB) is taking a red pen to its own playbook. In a sweeping move that signals a recalibration of its regulatory posture, the CFPB has announced the withdrawal of 67 guidance documents, including interpretive rules, policy statements, and advisory opinions. Effective as of May 12, 2025, the Federal Register notice reflects the Bureau’s effort to.