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The Consumer Financial Protection Bureau Taskforce Report

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The long‐awaited report of the Consumer Financial Protection Bureau (CFPB) taskforce is now out. Come hear Todd Zywicki, who chaired the taskforce, discuss its findings and recommendations and give his perspective on how CFPB policies are likely to change under the Biden administration with George Selgin, director of the Center for Monetary and Financial Alternatives. ....

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CFPB Taskforce Issues Report Setting High-Level Agenda and Priorities | Manatt, Phelps & Phillips, LLP

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The Consumer Financial Protection Bureau (CFPB) released its long-awaited two-volume Taskforce Report on Consumer Financial Law (the Report) as expected last week, following a yearlong effort. While advisory in nature, it is written with an intent to influence consumer finance law for decades to come. And while the Taskforce was criticized for lacking any consumer advocates among its members, the Report more often than not generally expands in detail on themes that could have fit just as well in Obama-era reports or views we expect to see expressed in a CFPB led by a Biden administration appointee. We explain in detail below. ....

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CFPB well positioned to oversee fintechs, task force says

A panel appointed by the Consumer Financial Protection Bureau said Congress should consider authorizing the bureau and not the Office of the Comptroller of the Currency to issue federal charters to fintech companies. ....

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