Allyson B. Baker
Venable LLP
Articles
The CFPB at 10: The Past is Prologue
USA - July 21 2021 Ten years ago today, the Consumer Financial Protection Bureau began its operations, consolidating many consumer financial protection responsibilities…
R. Andrew Arculin, Meredith L. Boylan, Allen H. Denson, Leonard L. Gordon, Jonathan L. Pompan
AI in Financial Services: ..AI in Financial Services: Federal Banking Agencies Request Input Regarding Use of Models for Compliance with BSA/AML and OFAC Requirements
USA - June 1 2021 The federal banking agencies have maintained a focus on the use of artificial intelligence (AI) and management of AI models. While a previous RFI…
Andrew E. Bigart, D. E. (Ed) Wilson, Jr., Michelle Liu, Michael Marusak, Christopher M. Scribner
CFPB Fair Lending Activities and Report to Congress
USA - May 25 2021 As the CFPB continues to ramp up its fair lending investigations and enforcement highlighted by Acting Director David Uejio, a recent GAO report has…
Education Department Brings in Richard Cordray
USA - May 7 2021 The Department of Education (ED) has brought on former CFPB Director Richard Cordray as the Chief Operating Officer of the Office of Federal Student…
Now, It's Personal: Individual Liability in Recent CFPB Enforcement Actions
USA - May 3 2021 Former Bureau Director Kathy Kraninger resigned on January 20, 2021, at the behest of the Biden administration, thereby paving the way for the…
