CFPB, Federal Agencies, State Agencies, and Attorneys General
The Federal Trade Commission (FTC) recently modified its rules for conducting in-house administrative proceedings. Administrative law judges (ALJs) will now issue recommended decisions that are automatically reviewed, rather than initial decisions that can be appealed.
Previously, ALJs issued initial decisions that would become final orders unless a party or agency intervened and sought review. … Continue Reading
The House Financial Services Committee voted unanimously today to approve the Committee’s oversight plan for the 114th Congress.
The plan provides that the Committee intends to continue its close examination of the implementation of Dodd-Frank by the financial regulators. With regard to the CFPB in particular, the Committee intends to oversee the CFPB’s regulatory, supervisory, enforcement and other activities, the effect of such activities on regulated entities and consumers, and the CFPB’s collaboration with other regulators. … Continue Reading
