News

As if the saga of litigation involving the Consumer Financial Protection Bureau (“CFPB”) and National Collegiate Master Student Loan Trusts ...
Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of ...
U.S. Department of the Treasury Secretary Scott Bessent announced on May 9, 2025, that Jonathan McKernan has been selected by President Donald ...
On May 9, the U.S. Department of the Treasury announced that President Trump intends to nominate Jonathan McKernan to serve ...
Now that he’s nominated for a key role at Treasury, it’s unclear whether McKernan’s CFPB nomination can or will proceed.
An internal Consumer Financial Protection Bureau memo outlining a significant retreat from enforcing consumer protection laws has added more uncertainty ... Trump's nominee to be the next CFPB ...
Selden said his clients are “still proceeding as if it’s the old CFPB,” due to ongoing uncertainty, while simultaneously revisiting regulations to ensure compliance, particularly at the ...
Joann Needleman, partner and leader of the Banking and Financial Services Practice at Clark Hill and a former member of the CFPB Consumer Advisory Board, noted it’s unclear how much of this new ...
The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like ...