The State of the CFPB During a Fraught Transition Period: Part I

It has been a little over two months since President Donald Trump returned to office, and since then, the Consumer Financial Protection Bureau (CFPB) has been in flux—to put it mildly. As of this writing, it is unclear whether the CFPB is a functioning agency. In Part I of this Legal Update, we summarize the extraordinary series of recent events and focus primarily on the lawsuit filed by the CFPB employees’ union to halt actions they allege were taken by new agency leadership to unwind the...
By: Husch Blackwell LLP

Array