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Developments at the Bureau of Consumer Financial Protection in the Mulvaney Era  


Author:  Gerald S. Sachs.; Joseph L. Robbins.


Source: Volume 34, Number 07, July 2018 , pp.73-81(9)




Review of Banking & Financial Services

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Abstract: 

Director Mick Mulvaney is making significant changes at the Bureau of Consumer Financial Protection. The authors describe these changes, beginning with the pending litigation over his appointment and President Trump’s nomination of a new, permanent Director. They then turn to Mulvaney’s statements detailing his vision and themes for the Bureau, and developments in regulations and rule-making. They conclude with a description of recent enforcement actions and Mulvaney’s informal guidance on future supervisory activities.

Keywords: CFBP Enforcement and Supervision Priorities

Affiliations:  1: Venable LLP; 2: Venable LLP.

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