The Consumer Financial Protection Bureau (CFPB) withdrew nearly 70 interpretive rules, policy statements and advisory opinions as part of its shift away from “regulation by guidance.” The rescinded documents impact nearly all consumer protection laws, including the Fair Credit Reporting Act, the Truth in Lending Act, the Consumer Financial Protection Act’s prohibition on unfair, deceptive, or abusive acts or practices, and the Electronic Fund Transfer Act. The CFPB’s new approach emphasizes issuing guidance only when it reduces compliance burdens and is in line with its intent to narrow the scope of its regulatory and enforcement activities. The withdrawals were effective as of May 12, 2025.