News & Analysis as of

Federal Agency Taskforce Consumer Financial Products

Hudson Cook, LLP

CFPB Taskforce Report on Federal Consumer Financial Law: How Might It Affect Auto Finance Regulation?

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Just a little over a year ago, I was sworn in as a member of the newly created Taskforce on Federal Consumer Financial Law, along with my four fellow taskforce members. The taskforce was the brainchild of Consumer Financial...more

Ballard Spahr LLP

Magistrate Judge Denies CFPB’s Motion For Partial Dismissal of Lawsuit Challenging Creation of Taskforce on Federal Consumer...

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A magistrate judge has denied the CFPB’s motion for partial dismissal of the lawsuit filed in a Massachusetts federal district court challenging the creation of the CFPB’s Taskforce on Federal Consumer Financial Law. The...more

Goodwin

CFPB Taskforce Releases Report on the Future of Consumer Financial Protection

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On January 5, 2021, the Consumer Financial Protection Bureau (CFPB) Taskforce on Federal Consumer Financial Law (Taskforce) issued a final report (Report) with recommendations on how to improve consumer protection in the...more

Manatt, Phelps & Phillips, LLP

CFPB Taskforce Issues Report Setting High-Level Agenda and Priorities

The Consumer Financial Protection Bureau (CFPB) released its long-awaited two-volume Taskforce Report on Consumer Financial Law (the Report) as expected last week, following a yearlong effort. While advisory in nature, it is...more

Ballard Spahr LLP

Plaintiffs file opposition to CFPB’s motion to partially dismiss lawsuit challenging Taskforce on Federal Consumer Financial Law

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The plaintiffs in the lawsuit filed in Massachusetts federal district court challenging the CFPB’s creation of its Taskforce on Federal Consumer Financial Law have filed their opposition to the CFPB’s motion seeking the...more

Ballard Spahr LLP

CFPB Moves For Partial Dismissal Of Lawsuit Challenging Creation Of Taskforce On Federal Consumer Financial Law

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The CFPB has filed a motion seeking the partial dismissal of the lawsuit filed in Massachusetts federal district court by the National Association of Consumer Advocates, U.S. Public Interest Research Group, and Professor...more

Hudson Cook, LLP

CFPB Taskforce on National Consumer Financial Law Issues RFI

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The Consumer Financial Protection Bureau (CFPB) has issued a request for information (RFI) to assist the Taskforce on Federal Consumer Financial Law with recommendations on harmonizing, modernizing, and generally improving...more

Ballard Spahr LLP

CFPB seeking comments to assist Taskforce on Federal Consumer Financial Law

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The CFPB has published a request for information (RFI) in today’s Federal Register seeking comments and information to assist its Taskforce on Federal Consumer Financial Law.  Comments on the RFI must be received by June 1,...more

Ballard Spahr LLP

House to hold hearing on artificial intelligence

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On February 12, 2020, the House Financial Services Task Force on Artificial Intelligence will hold a hearing titled, “Equitable Algorithms: Examining Ways to Reduce AI Bias in Financial Services.”...more

Ballard Spahr LLP

NYDFS announces creation of new Consumer Protection Task Force

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The New York Department of Financial Services has announced the creation of a new Consumer Protection Task Force within the NYDFS. ...more

Ballard Spahr LLP

CFPB announces members of Taskforce on Federal Consumer Financial Law

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The CFPB has announced the initial four members of its Taskforce on Federal Consumer Financial Law.  This past October, the Bureau announced its plans to establish the Taskforce to examine ways to harmonize and modernize...more

Ballard Spahr LLP

House Financial Services Task Force on Financial Technology to hold Nov. 21 hearing on the role of big data

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The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “Banking on Your Data: The Role of Big Data in Financial Services” on November 21, 2019. The Task Force is...more

Ballard Spahr LLP

CFPB to Establish Task Force on Federal Consumer Financial Law

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The CFPB announced that it will establish a taskforce, the Taskforce on Federal Consumer Financial Law to examine ways to harmonize and modernize federal consumer financial laws. ...more

Ballard Spahr LLP

CFPB to establish taskforce on federal consumer financial law

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The CFPB announced this past Friday that it will establish a taskforce, the Taskforce on Federal Consumer Financial Law, to examine ways to harmonize and modernize federal consumer financial laws....more

Jones Day

House Financial Services Committee Creates Task Forces to Examine Fintech and AI Regulation

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The new task forces will hold hearings, conduct investigations, and issue reports to the full HFSC about the task forces' findings and recommendations - The House Financial Services Committee ("HFSC") recently passed...more

Ballard Spahr LLP

House Financial Services Committee establishes financial technology and artificial intelligence task forces

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Last week, the House Financial Services Committee established two task forces, one on financial technology and the other on artificial intelligence.  Both task forces were established pursuant to resolutions adopted by...more

Burr & Forman

U.S. House of Representatives Launches FinTech and Artificial Intelligence Task Forces

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On May 9, 2019, the House Financial Services Committee voted to establish two task forces dedicated to studying technological innovations that impact the financial services arena: a FinTech Task Force and an Artificial...more

Moore & Van Allen PLLC

Task Force on Market Integrity and Consumer Fraud

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On July 11, 2018, pursuant to a Presidential Executive Order, the Department of Justice announced the formation of a new multi-agency task force on Market Integrity and Consumer Fraud that will focus on combating consumer and...more

Ballard Spahr LLP

DOJ Announces New Task Force on Market Integrity and Consumer Fraud

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The U.S. Department of Justice (DOJ) earlier this week announced that it was disbanding the Financial Fraud Enforcement Task Force, established under the Obama Administration. ...more

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