cfpb 01The Rocky Road Ahead for the CFPB in 2017

 

nationalmortgagenews.com article.

 

The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt to fire agency director Richard Cordray and if Congress can successfully restructure the agency by changing its leadership and funding.

Those issues, in addition to a critical legal case that is still pending, are liable to cast a shadow over the agency’s ambitious agenda as it attempts to move forward on regulations concerning payday lending, mandatory arbitration, overdraft fees, debt collection and more.

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