Here’s CFPB director-nominee’s short written opening statement for his confirmation hearing. Here’s the part about the CFPB and his promises: All too often, however, the CFPB has gotten in the way of its own mission. It has acted in a politicized manner. It has pushed beyond the limits of its statutory authority. It has seized […]
Author Archives: Jeff Sovern
From Ballard Spahr. More information and registration available here.
Bahnsen discusses the dismissal in his National Review podcast episode, Good Things and Bad Examples. He criticizes SoLo as a bad actor. We had reported on the dismissal here. The Bureau has now removed from its website the statements it had made about the case, some of which we quoted in our earlier post.
Avy Mallik, General Counsel of California’s Department of Financial Protection and Innovation will appear on a Ballard Spahr webinar on March 11 at 2 p.m. Eastern to discuss consumer protection. Register here.
To read and join the letter, go to Sign-on Letter – Law Professors re: CFPB
American Banker’s Kate Berry reports Justice Dept. insists ‘there will continue to be a CFPB’. The story dives into DOJ’s brief. Berry notes that the brief claims that the administration closed the Bureau’s Washington DC office because of employees protesting outside. Berry also observes that the closing preceded the protests. Haven’t they ever heard of Rule […]
Here. Look up your state and see how many complaints consumers have filed and what the results were!
Remember how OMB and Acting CFPB Director Vought said he wanted to traumatize federal employees? Musk’s demand that employees list five things they did was reportedly in response to Trump’s demand that Musk be more aggressive. Does that make it sound like the purpose is to harass or for some more legitimate purpose, like accountability? […]
According to the New York Times, after President Trump asked Elon Musk to be more aggressive, Musk ordered federal employees to report what they had done this past week or be fired. CFPB employees, most of whom are on administrative leave, received an email stating ““Please reply to this email with approx. 5 bullets of […]