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Home » Authors » Shannon Clark

Articles by Shannon Clark

Trump Admin Fires Thousands of CFPB Employees

April 18, 2025
Shannon Clark
The union that represents CFPB employees argues that the firings go "well beyond" what a recent injunction permits.
Read More

Experian Moves to Dismiss CFPB Lawsuit

April 18, 2025
Shannon Clark
According to the credit reporting bureau, the regulator's claims against it are "time-barred."
Read More

Short Takes: Planned SFR Securitization Falls Through / HUD Searches for New Headquarters / Home Sales Hit New Low / Castlelake Partners With Invictus

April 18, 2025
Shannon Clark and Brandon Ivey
Fitch Rating's single-family rental securitization is no longer happening.
Read More

Management of CFPB Less Fettered Under Latest Court Order

April 14, 2025
Shannon Clark
The new preliminary injunction allows for the Trump administration to fire CFPB employees and issue a reduction-in-force to employees, as long as the administration abides by certain provisions.
Read More

Appeals Court Sympathetic to Arguments From NTEU

April 14, 2025
Shannon Clark
An appeals court judge appeared to favor of authorizing a limited preliminary injunction against the Trump administration in a lawsuit brought by the National Treasury Employees Union.
Read More

House GOP Wants CFPB to Revoke Biden-Era Rules

April 14, 2025
Shannon Clark
Republicans in the House urged the CFPB to rescind Biden-era guidance documents, interpretive rules, advisory opinions and circulars that weren’t issued pursuant to the Administrative Procedure Act.
Read More

CFPB Plans to Propose New Rule on Section 1071 Data

April 14, 2025
Shannon Clark
Following years of legal action that have stalled the implementation of the bureau’s original Section 1071 rule, the CFPB announced that it will roll out a new version of the rule.
Read More

Some Support for CFPB’s Data Broker Proposal

April 14, 2025
Shannon Clark
Jonathan McKernan, nominee for CFPB director, said he thought former CFPB Director Rohit Chopra was “on to something” by focusing on data collection issues.
Read More

Typical Divide on CFPB Proposal on Contract Terms

April 14, 2025
Shannon Clark
Proposed in January, the rule would ban the use of certain terms in contracts for consumer financial products or services that limit the rights of consumers.
Read More

CFPB Leaves MoneyGram Lawsuit; Case Will Proceed

April 14, 2025
Shannon Clark
A judge granted the bureau’s request to withdraw from the 2022 lawsuit, but the case will move forward.
Read More
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