The Consumer Financial Protection Bureau (CFPB) is signaling a shift in its supervision and enforcement priorities, narrowing its federal oversight and leaving a broader regulatory focus to state authorities. This strategic change includes the CFPB dropping a Biden-era enforcement action, specifically withdrawing a federal lawsuit concerning a membership credit card program previously alleged to have engaged in deceptive and abusive practices that generated tens of millions of dollars in consumer fees. Additionally, the CFPB has vacated a settlement with Townstone, and the Federal Housing Finance Agency (FHFA) has ended special purpose credit programs by government-sponsored enterprises (GSEs). Meanwhile, the Department of Justice (DOJ) is adjusting its policy on enforcement related to digital assets. Other financial regulatory developments include the Bank Policy Institute's (BPI) response to the Federal Reserve's proposal to average stress test results, Treasury officials reviewing changes to the Supplementary Leverage Ratio (SLR), and BPI's support for the reauthorization of the Cyber Threat Information Sharing Law.