Pearson Quoted in American Banker About Changes to CFPB’s Rules With a New Administration

Manatt Consumer Financial Services Leader  was quoted in American Banker about upcoming changes to the Consumer Financial Protection Bureau (CFPB) as the new administration transitions in.

With the CFPB’s new leadership and team, existing rules and enforcement actions are likely to halt while the next acting director decides what rules to implement. “There's no question there's going to be a new approach under this president, the only question is how dramatic will the changes be,” said Pearson.

American Banker subscribers can read the full article .