You will not want to miss this 3-part webinar series about the “new” CFPB which will begin doing business on January 20.

Operating under the venerable principle that “the past is prologue,” we decided that the best way to predict what may happen at the CFPB during the next Trump Administration would be to invite as special guests two of the most senior leaders at the CFPB during Trump’s first term in office. To that end, we are very pleased to announce that Kathy Kraninger (who served as Director of the CFPB from 2018-2021) and David Silberman (who held various senior positions at the CFPB for about 10 years, including serving as the CFPB’s Associate Director of Research, Markets, and Regulations and as Acting Deputy Director, overlapping the tenures of Directors  Richard Cordray and Kraninger) will join us to describe their experiences and how they presage what to expect from the CFPB during the next Trump Administration.

While, unlike Elon Musk, we are not advocating that the CFPB be eliminated as part of Trump’s cost-cutting initiative, we are expecting important changes in the leadership and focus of the agency which will give due recognition to the concerns and interests of industry and which will foster (maybe even nurture) innovative consumer financial products and services.

On November 12, we held a post-election webinar that took a 30,000 foot view of the impact of the election on the CFPB as a whole.  This 3-part series on December 16, January 6 and January 8 will do a deep dive into three subjects:  1.  CFPB rules; 2.  CFPB supervision and enforcement; and 3. State AGs filling the void.  In addition to Ms. Kraninger and Mr. Silberman, my Ballard Spahr colleagues:  Joseph Schuster, Mike Kilgarriff, Adrian King, Jenny Perkins and John Culhane will also be presenting.  I will host the program.

All are welcome to attend what promises to be an enlightening series of complementary webinars.  Here is the invitation which includes the registration link for all three webinars.  You may feel free to transfer it to others.  CLE credit is available.

Our goal at Ballard Spahr is to be your primary source for up-to-date information and analysis of developments in the consumer financial services industry resulting from the elections.