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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On December 15, Senator Patrick Toomey introduced a Senate bill to amend the Consumer Financial Protection Act to place the CFPB’s budget and funding under the congressional appropriations process, while also changing the CFPB’s leadership structure to a five-member commission. For more information, click here.

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CSA seeks Independent Non-Executive Director (Specialism in Further Education and Apprenticeships)

CSA

Experience within financial services or compliance. About the Organisation The Credit Services Association (CSA) is the only National Trade Association in the UK for organisations active in the debt collection and debt purchase industry. The Credit Services Association is also a supporter of HM Treasury?s

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CFPB Bringing Back Regulation By Enforcement

Collection Industry News

President Biden’s nominee to lead the CFPB, Federal Trade Commission member Rohit Chopra, was the bureau’s first student loan ombudsman under former CFPB Director Richard Cordray and is expected to return the bureau to its former place at the forefront of consumer protection in financial services.