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Four Takeaways from the CFPB’s First Lawsuit in the Post-Kraninger Era

USA - February 22 2021 On February 22, 2021, the Consumer Financial Protection Bureau (CFPB) filed its first lawsuit since the election and the resignation of former…

Consumer Financial Services UDAAP Round-Up: 2020 Year in Review

USA - January 29 2021 For those who are new to the UDAAP space, welcome. Below, we provide a high-level overview of the CFPB's and FTC's authority and basic definitions…

Anjali Garg, Brian J. Stief, Daniel Pearson, James K. Williams, Julia L. Dempewolf, Kerri Webb, Kevin J. Healy, Stephanie C. Robinson.

CFPB will Prioritize COVID-19 Relief and Racial Equity under Acting Director Uejio

USA - January 28 2021 On January 28, 2021, the Consumer Financial Protection Bureau (CFPB or the Bureau) provided the first official details regarding its new direction…

Anjali Garg, Brian J. Stief, Stephanie C. Robinson.

CFPB Releases Feedback on Supervised Institutions’ COVID-19 Operations

USA - January 25 2021 In response to the significant impacts of the COVID-19 pandemic, the US Consumer Financial Protection Bureau (“CFPB” or “Bureau”) announced in July…

Anjali Garg, Christa L. Bieker, Francis L. Doorley, Kevin J. Healy, Stephanie C. Robinson.

State Licensing and Federal UDAAP - One More Take

USA - January 22 2021 As one of her last acts before resigning as Director of the Consumer Financial Protection Bureau (CFPB), Kathleen Kraninger once again brought a…