Read Better Markets’ statement: Trump’s Lawless Firing of the FTC’s Democratic Commissioners and Likely Similar Actions Threatens the Economy and All Americans 

The SEC extended the deadline for funds whose names suggest a focus on the ESG factors to invest 80% of their assets in the type of investment their names suggest. The extension means greenwashing—where funds exaggerate the extent to which they use the ESG factors in their investments—will continue to persist.

The SEC issued a no-action letter that will allow accredited investors to self-certify their ability to participate in private securities offerings. Individuals now may certify that they are able to participate in private securities offerings even though they may not have the resources to determine which companies to invest in or to absorb the losses that may occur.

New CFPB leadership shuts down DEI programs and affinity groups within CFPB, undermining staff morale and inclusiveness.

The CFPB signals that it will continue certain enforcement actions—so far, especially those involving servicemembers and claims under the Military Lending Act.

The SEC withdrew the delegation of authority to the Director of Enforcement to open investigations and issue subpoenas. It will take longer for the SEC to investigate potential violations of the securities laws if the staff has to seek Commission authorization every time it wants to open an investigation.