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Home » Store » Inside the CFPB » Don’t Read Too Much into CFPB Shift on Enforcement Attorneys

Don’t Read Too Much into CFPB Shift on Enforcement Attorneys

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Inside the CFPB

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The CFPB’s recent decision to no longer bring enforcement attorneys along for the ride in routine examinations may bring a sigh of relief to many in the industry, but it’s important to avoid reading too much into the move, according to a consultants’ analysis. For one thing, examiners will no longer be distracted by the need for additional legal review. “Assigning an enforcement attorney to support every exam was the CFPB’s most meaningful break from the practices of its prudential peers as it forged its own interdisciplinary approach to...
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