Earlier this week, it was reported that WWE was considering taking the WWE Title off of CM Punk. This was not a sign that WWE is down on him and Punk is expected to be on the top of the card for months to come.
At this time, the plan is for Punk to feud with Daniel Bryan at least through No Way Out next month.
Word is that after the Daniel Bryan feud finishes, Punk will move onto a feud with former IC Champion Cody Rhodes.