The CFPB’s initiatives to address elder financial abuse were the focus of testimony last week by Hubert H. “Skip” Humphrey III, the CFPB’s Assistant Director for the Office of Older Americans, to the Senate’s Special Committee on Aging. As we have previously commented, we consider helping consumers aged 62 and older to protect themselves from financial abuse and make sound financial decisions to be one of the CFPB’s most worthwhile Dodd-Frank mandates. … Continue Reading