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In: CFPB

25 Nov 2020Back to the Future? FTC Commissioner Chopra wants to bring back Penalty Offense Authority


FTC Commissioner Rohit Chopra, who some people think could become the next Commission Chair in the Biden Administration, has co-written a…

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17 Nov 2020CFPB Reorganization: Never Mind


As Roseanne Rossannadanna would say, “never mind.”  The previously reported major reorganization of the CFPB, announced last month, is now on…

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26 Oct 2020CFPB re-organization


The CFPB recently announced a reorganization of its Division Supervision, Enforcement & Fair Lending (SEFL).  A new unit, the Office of…

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07 Oct 2020CFPB proposes an Advisory Opinion (AO) program


The CFPB issued a notice and request for comment for its proposed Advisory Opinion (AO) Program. AOs issued under the program…

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31 Jul 2020CFPB to release ANPR in 2020 on consumer-authorized access to financial records


Last week, the CFPB announced a forthcoming ANPR on consumer-authorized access to financial records. The ANPR follows a February 2020 symposium…

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10 Jul 2020CFPB ratifies regulatory actions;


Following the Supreme Court’s decision in Selia Law v. CFPB, the CFPB announced that it was ratifying “the large majority of…

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09 Jul 2020SCOTUS to review FHFA structure and FTC restitution authority


The U.S. Supreme Court has agreed to take two cases of note challenging the powers of the FHFA and the FTC….

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08 Jul 2020CFPB’s AI spotlight


Yesterday, the CFPB put out an Innovation Spotlight blog, Providing adverse action notices when using AI/ML models.  The posting notes that…

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01 Jul 2020SCOTUS: President can fire CFPB directors


This week, the U.S. Supreme Court decided Seila Law v. Consumer Financial Protection Bureau. In this case, a divided Court ruled…

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16 Jun 2020CFPB issues FAQs for CARES reporting


On June 16, CFPB issued Consumer Reporting FAQs Related to the CARES Act and COVID-19 Pandemic.  These FAQs follow an April…

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