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Biden Wins. Who Will be the Next CFPB Director?

November 9, 2020
Yemeng Yang
Names of possible successors to Kathy Kraninger include two from Sen. Elizabeth Warren’s inner circle: Rep. Katie Porter and FTC Commissioner Rohit Chopra.
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Attorneys Say CFPB’s Enforcement Division Revamp Reasonable

November 9, 2020
Yemeng Yang
However, it’s not clear whether the motivations are to disempower enforcement or rationalize the integration of enforcement and supervision. Industry watchers weigh in.
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CFPB’s Advisory Panel Gets More Consumer Representatives

September 28, 2020
Yemeng Yang
The CFPB’s consumer advisory committee has more consumer advocacy representatives than it has ever had under the Trump administration. Nine out of 12 members are from the consumer advocacy world.
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CFPB Names New Deputy Director, Fills Other Vacancies

July 20, 2020
Yemeng Yang
Thomas Pahl fills a position that had been vacant since Brian Johnson left in February to return to the private sector.
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CFPB Is Unconstitutional, But Here to Stay

July 6, 2020
Yemeng Yang
The Supreme Court said the president can fire the CFPB director at will but it refused to strike down the entire bureau. The court held that the for-cause provision can simply be severed from the rest of the statute.
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Watchdog: Former CFPB Director Cordray’s Tell-all Memoir

March 16, 2020
Yemeng Yang
The Sword of Damocles hung over his head during his last year at the helm of the bureau, former CFPB Director Richard Cordray disclosed in his new book.
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Other News in Brief

March 16, 2020
Yemeng Yang

CFPB’s Second in Command Johnson Joins Private Sector

March 2, 2020
Yemeng Yang
Brian Johnson, deputy director at the CFPB, has left the agency for a position at law firm Alston & Bird. His departure brings the tally of political appointees leaving the bureau to four.
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CFPB Increases Fiscal Budget by 14%, Eyes Hiring

February 18, 2020
Yemeng Yang
The consumer watchdog hiked its budget for 2020, taking its spending to levels last seen in 2017.
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DOJ Political Appointee to Lead CFPB Enforcement

February 3, 2020
Yemeng Yang
Thomas Ward, deputy assistant attorney general overseeing the torts branch in the civil division of the DOJ, will now serve as the CFPB’s assistant director for enforcement.
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