Expect CFPB Enforcement to Increase Under the Biden Administration

EDITORIAL

Enforcement and litigation directed at the consumer financial services industry is expected to increase under the Biden administration. While increased enforcement is likely to occur with respect to all federal agencies, the most significant increases are being forecast in the areas of fair lending enforcement, which was relatively subdued under the Trump administration.

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Expect CFPB Enforcement to Increase Under the Biden Administration – Consumer Financial Protection Bureau – CFPB