Consumer Financial Protection Board Taskforce issues 900-page Report with Broad Recommendations in Waning Days of Trump Administration

Just two weeks before the inauguration of President-elect Biden, and the launch of a new executive administration, the Consumer Financial Protection Bureau (CFPB or Bureau) Taskforce on Federal Consumer Financial Law (Taskforce) issued a nearly 900-page report making extensive recommendations for legislative and regulatory reform, enactment, and adoption of new initiatives. The Taskforce comprised five appointed members with more than 150 combined years of economic, legal and regulatory...
By: Seyfarth Shaw LLP

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