We've recently seen en unprecedented level of change at the Consumer Financial Protection Bureau (CFPB) including new leadership (twice), new activity, and a new take on the agency's small dollar lending rules. Nothing may be more emblematic of this change than the name of the agency itself. The agency name has volleyed back and forth from the name provided by Congress - "Bureau of Consumer Financial Protection"- to the name given by former Director Richard Cordray, Consumer Financial Protection Bureau, back to the Congressional name under Acting Director Mick Mulvaney's "name correction initiative,' and then back to CFPB under new Director Kranlnger. For this spring 2019 Currents Magazine, we thought readers would value an overview of the drastic and often dramatic changes to the Bureau over the last year and what to make of the CFPB's new Director, new developments, and what appears to be a new direction.
Please see full publication below for more information.