CFPB Acting Director Mulvaney Relocates and Removes Supervisory and Enforcement Functions from the Fair Lending Office

Weiner Brodsky Kider PC
Contact

Weiner Brodsky Kider PC

CFPB Acting Director Mick Mulvaney recently indicated in an e-mail to CFPB staff that the Office of Fair Lending and Equal Opportunity will be transferred from the Supervision, Enforcement, and Fair Lending Division to become part of the Office of Equal Opportunity and Fairness, inside the Director’s Office.

According to the e-mail, the Office of Fair Lending and Equal Opportunity will continue to focus on advocacy, coordination, and education, while the supervision and enforcement functions will remain with the Supervision, Enforcement, and Fair Lending Division.  Moreover, the e-mail indicates that the move was meant to help make the CFPB more efficient, effective, and accountable.

John Czwartacki, a senior adviser to Mulvaney, confirmed the e-mail and reiterated that the transfer of the Office of Fair Lending and Equal Opportunity was to gain efficiency and consistency within the CFPB.

This was first reported on by The Intercept, and the full article can be read here.

Written by:

Weiner Brodsky Kider PC
Contact
more
less

Weiner Brodsky Kider PC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.