The U.S. Consumer Financial Protection Bureau repealed the 2022 bad-actor registry, which tracked firms with repeated consumer-protection violations. The agency argued it duplicated existing state-level registries and imposed undue costs on small lenders. Banking groups praised the rollback as a step toward regulatory streamlining, while consumer advocates warned it reduces transparency in non-bank lending. The move marks a significant regulatory shift under the new leadership at CFPB, reflecting a lighter-touch approach to financial-sector oversight.