Consumer Attys Fear Mulvaney’s CFPB Could Leave Void
Partner David Anthony is quoted in a Feb. 8 Law360 story titled, “Consumer Attys Fear Mulvaney’s CFPB Could Leave Void.” The story features a roundup of commentary from attorneys about the prospect of the Consumer Financial Protection Bureau (“CFPB”) easing off enforcement efforts aimed at reining in banks, mortgage servicers, debt collectors, consumer credit reporting bureaus and other companies. Anthony is quoted about the CFPB’s previous operations and outlook, saying, “It was certainly tilted too far in the consumer direction. There was little if any balance given to the financial industry. I can’t read the tea leaves yet to say whether or not it’s a retreat or it’s a pause to rebalance things.”