The Fate of Final and In-Process CFPB Rules Under the Trump Administration
The Consumer Financial Protection Bureau recently changed its mission statement to add that the CFPB helps consumer markets work "by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations." Whether under the leadership of Mick Mulvaney, President Trump's designee as CFPB Acting Director, or a permanent CFPB Director appointed by President Trump, it is expected that one way the CFPB will carry out this added mission is by reviewing the regulations and guidance finalized under former Director Cordray, and by reassessing rulemaking efforts that were in process at the time that Director Cordray resigned.
In this webinar, we will look at the expected fate of both finalized and in-process CFPB rules and guidance under the Trump Administration, including the prospects for repeal or modification. Our discussion will focus on CFPB rules and guidance dealing with debt collection, small dollar loans, prepaid accounts, mortgage loans, small business loans and indirect auto finance.