When the CFPB officially opened its doors last year, many banks and non-bank financial services companies—mortgage servicers and originators, credit bureaus, debt collection agencies, debt buyers, payday lenders, private student lenders, and auto finance companies—faced broad federal supervision for the first time. That unsettling prospect was a resounding call to action for many and, very quickly, Ballard Spahr became the go-to firm for companies preparing for their first CFPB exams or seeking advice and up to the minute information about the CFPB’s other activities.

This week, our CFPB work was the subject of two national media stories – in CNNMoney and on MONEY with Melissa Francis, which aired on October 1 on Fox Business News.

In both stories, I discussed how we are working with our banking and non-banking clients to assist them in navigating the minefield that the industry landscape has become since the CFPB’s emergence as a powerful new regulator.