Under Director Rohit Chopra, the Consumer Financial Protection Bureau (CFPB) has been historically active, proposing a myriad of new regulations, seeking to expand the reach of its supervisory authority to non-traditional financial institutions, laying down markers on the CFPB’s bona fides as a competition regulator, and vigorously pursuing enforcement against the nation’s largest financial institutions. But despite all this activity, there is a lot the CFPB is looking to finish in 2024, including before the Congressional Review Act comes into play.
Sidley lawyers Thomas Ward, Katherine Olson, and Kevin Park, who represent clients in all facets of their dealings with the CFPB, discuss what to expect from the CFPB in 2024 as it sprints to the end of the President’s first term.
A Sprint to the Finish - What to Expect from the CFPB in an Election Year from Sidley Austin LLP on Vimeo.
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