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Regulatory Oversight › Dodd-Frank Wall Street Reform and Consumer Protection Act › Consumer Protection Laws

Holland & Knight LLP

U.S. House of Representatives Approves 70 Percent Cut to CFPB Funding

Holland & Knight LLP on

The U.S. House of Representatives has passed an extensive budget reconciliation bill that would reduce the CFPB budget by 70 percent. In a 215-214 vote along party lines, the budget cut first approved by the House Committee...more

Katten Muchin Rosenman LLP

CFPB Suggests Shift In Supervision and Enforcement Priorities

Katten Muchin Rosenman LLP on

On April 16, the Consumer Financial Protection Bureau (CFPB) seemingly provided its employees with a memorandum outlining its ongoing supervisory and enforcement priorities (Memo). Although the Memo has not been made publicly...more

Sheppard Mullin Richter & Hampton LLP

New CFPB Director Testifies on Agency Leadership and Enforcement Approach

Sheppard Mullin Richter & Hampton LLP on

On February 27, new CFPB Director Jonathan McKernan testified before the Senate Banking Committee, emphasizing his commitment to enforcing the law while operating within the confines of the law. His testimony focused on his...more

Orrick, Herrington & Sutcliffe LLP

State attorneys general file second amicus brief challenging CFPB pause

Orrick, Herrington & Sutcliffe LLP on

On February 21, a group of 23 state attorneys general (AGs) filed an amicus brief in support of the union representing CFPB workers in the union’s request for a preliminary injunction challenging the recent efforts to halt...more

Ballard Spahr LLP

CFPB to hold Feb. 26 symposium on consumer access to financial records and Dodd-Frank Section 1033

Ballard Spahr LLP on

The CFPB announced that it will hold a symposium on consumer access to financial records and Section 1033 of the Dodd-Frank Act on February 26, 2020.  The event will be webcast on the Bureau’s website....more

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