Stefanie Jackman, a partner in Troutman Pepper Locke’s Consumer Financial Services Practice Group, was quoted in the May 14, 2025 Bloomberg Government article, “California Ramps Up Consumer Protection Work With CFPB Cuts.”

“I also think we’re seeing some frankly emotional reactions by states and I wonder if that will settle,” Stefanie Jackman, partner at Troutman Pepper Locke, said in an interview.

Despite limits on their scope of enforcement compared to the federal level, state regulators have nonetheless been gearing up for a greater role in consumer protection since Trump first took office in 2017, Jackman added.

“It’s a challenge they’ve had eight years of practice rising to,” she said.

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