The 2020 Elections: What to Expect in Consumer Finance in 2021 and Beyond

The short history of the Consumer Financial Protection Bureau (CFPB) has resulted in a wild ride for the financial sector with respect to rulemaking and enforcement of consumer finance laws. Turbulent times for the CFPB and industry may continue, in light of the possibility of a change in administration following the 2020 presidential election coupled with continued economic fallout of the COVID pandemic. The U.S. Supreme Court ruled earlier this year that a President may fire a CFPB director...
By: McGlinchey Stafford

McGlinchey Stafford