Financial Services Report - Spring 2021

Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio has wasted no time in making clear that he intends to do much more than keep the seat warm. His plan to focus on consumers impacted by the pandemic, military lending, and racial equity follow the priorities President Biden set out during the transition and on the campaign trail...

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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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