Overview

• Termination orders posted by the CFPB release Apple and U.S. Bank from multi‑year compliance monitoring several years ahead of schedule.
• Apple paid a $25 million penalty in 2024 tied to Apple Card disputes, and its five‑year monitoring ends after less than one year.
• U.S. Bank’s 2023 case included a $15 million fine and $5.7 million in restitution over access to unemployment benefits, but its long‑term oversight has been cut short.
• The CFPB’s orders note that required payments were made and give no rationale for voiding remaining obligations beyond citing statutory authority.
• Agency staffers report the bureau has closed or withdrawn dozens of cases and launched only two new enforcement actions since President Trump took office, pointing to steep funding cuts and expected workforce reductions.