It's tough to say. Punk was given the federation's top belt and he has held it for the longest reign in almost 4 years. If they truly did not have confidence him then he would have lost the WWE Championship by now. The main problem that I and many others have had is that he has not been main eventing PPV events lately. Cena's matches against Rock and Brock made sense as main events due to being dream matches.... But how did matches with Cena against Kane and Johnny become more important than the world titles?
The whole point of being a wrestler should, kayfabe or not, be to become a multi time World Champion. The WWE and World Heavyweight Championship should take priority over other matches. Punk not closing shows in favor of filler matches like Cena VS Kane surely leaves one scratching their head in confusion. I still say that they have confidence in Punk though because otherwise his reign would never have lasted this long.
The whole point of being a wrestler should, kayfabe or not, be to become a multi time World Champion. The WWE and World Heavyweight Championship should take priority over other matches. Punk not closing shows in favor of filler matches like Cena VS Kane surely leaves one scratching their head in confusion. I still say that they have confidence in Punk though because otherwise his reign would never have lasted this long.