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February 2, 2018

Stroock Special Bulletin

By: Julia B. Strickland, Quyen T. Truong

The past two weeks have seen major developments in court and at the Consumer Financial Protection Bureau (CFPB or Bureau) concerning the Bureau’s enforcement activities, all closely related to changes in the political winds. But thoughtful strategy is needed to achieve a transformation of the CFPB’s enforcement framework that will withstand future changes in administration. This Stroock Special Bulletin discusses these recent developments and avenues for companies to provide input on the lack of due process and other weaknesses in the CFPB’s enforcement framework, to achieve reforms that will outlast future political shifts.

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