The Biden era of enforcement at the Consumer Financial Protection Bureau (CFPB), while quiet so far, is about to ramp up with the confirmation of FTC Commissioner Rohit Chopra as the new CFPB Director. Tom Ward, former CFPB Enforcement Director, who oversaw the setting of the enforcement priorities that is expected to guide the CFPB in coming years, will discuss what banks and depository institutions should expect under the Biden administration, and how they can prepare for what promises to be a historically aggressive financial enforcement regime.
- Tom Ward, Partner, Sidley Austin LLP; Former CFPB Enforcement Director