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Entries tagged “Cfpb”

Annual Consumer Financial Services Conference

Host: Conference on Consumer Financial Law Why You Should Attend ​Rimon Partner, John Mussman, will present at the Annual Consumer Financial Services Conference next Thursday and Friday (May 30 and May 31) at Loyola University Chicago School of Law.  His discussion will address recent CFPB actions in fair lending.  The Conference will

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D.C. Court of Appeals Upholds Constitutionality of CFPB Single-Director Structure

Insight John R. Mussman John R. Mussman · February 01, 2018
On January 31st, the D.C. Circuit ruled that the leadership structure for the Consumer Financial Protection Bureau established under the Dodd-Frank Act is consistent with the U.S. Constitution.  That the CFPB is headed by a single individual with a five-year term and can be fired only for cause does not impinge on the President’s

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CFPB Director Cordray Announces Resignation

Insight John R. Mussman John R. Mussman · November 15, 2017
Consumer Financial Protection Bureau Director Richard Cordray has announced his resignation.  Although not unexpected, his move may have far-reaching ramifications on the regulatory landscape in consumer finance and residential lending. You can read more here. John Mussman is a leading banking and financial services

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Consumer Financial Protection Bureau Arbitration Rule Overturned by Senate Action

Insight John R. Mussman John R. Mussman · November 01, 2017
Rimon Partner John Mussman discusses the Senate’s vote to scuttle the Consumer Financial Protection Bureau’s arbitration rule. The arbitration rule restricted financial service companies from forcing customers into arbitration, made it easier for customers to sue banks and financial firms and arguably would have encouraged class

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