CFPB announces May 10 and May 22 meetings of Consumer Advisory Board subcommittees

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The CFPB has published a notice in the Federal Register announcing two public subcommittee meetings of its Consumer Advisory Board that will take place by conference call.

The Mortgages and Small Business Lending subcommittee meeting will take place on May 10, 2018 from approximately 1:00 p.m. to 2:00 p.m. EST.  The Card, Payment, and Deposits Markets subcommittee meeting will take place on May 22, 2018 from approximately 3:00 p.m. to 4:30 p.m. EST.  The notice indicates that the meetings are open to the general public and that members of the public will receive the agenda and dial-in information when they RSVP.  (RSVP directions are provided in the notice.)

The Mortgages and Small Business Lending Markets subcommittee will discuss two of the CFPB’s recent RFIs.  The Card, Payment, and Deposits Markets subcommittee will discuss “lessons learned on designing financial products and features to meet the needs of specific targeted vulnerable populations” and one of the RFIs.  (The notice does not specify which of the RFIs will be discussed by either subcommittee.)

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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