NACA in the News: Warren’s Brainchild CFPB Finds Footing After Decade of Pushback

Release Date: 
July 21, 2021
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Bloomberg Law, Warren’s Brainchild CFPB Finds Footing After Decade of Pushback

"With its awkward growth stage out of the way, banks and other consumer finance firms will have to be on guard for robust CFPB enforcement and supervision no matter which party is in power, said Christine Hines, the legislative director at the National Association of Consumer Advocates.

'The industry should be at a place now where it knows that there’s a federal agency whose aim is to protect consumers, regardless of the political leadership,' she said."