The CFPB’s Plan to Reorganize its Supervision, Enforcement, and Fair Lending (SEFL) Division: What it Means for Industry
We take a close look at the role of the new Office of SEFL Policy & Strategy to be created by the plan and how the plan would change the CFPB’s current enforcement decision-making process. We also look at how the plan aligns with the approach of federal banking regulators, share our reactions to criticism of the plan by Democratic lawmakers and thoughts on the new Office’s expected leadership, and discuss the Presidential election’s potential impact.
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