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Commentary on the Latest In Financial Services & Regulation

What we can learn from the CFPB’s record $3.7 billion judgment against Wells Fargo

BY CHRISTINA HUNT-FUHR, PAUL MARKER, AND DAT TRAN There’s a lot to unpack in the CFPB’s recent press release and consent order against...

CFPB Targets Digital Marketers: Practical Implications for Banks and Financial Institutions

BY STEPHANIE WHITE BOOKER AND PAUL MARKER My Klaros colleagues Lauren Sartwell and Siena Marr explained the Consumer Financial...

Klaros Insights: CFPB Dusts Off Old Rules to Expand Oversight of Nonbanks

BY JONAH CRANE AND JOHANNE LAURBERG On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it would dust off...

Klaros Insights: New UDAAP Exam Manual Clarifies CFPB Focus on Discrimination

By Catherine Brown and Paul Marker Since his nomination by President Biden, we’ve anticipated CFPB Director Rohit Chopra will adopt a...

Coming soon: the return of “Supervision by Enforcement”

I shared some thoughts recently in The American Banker on why large banks should expect the return of Supervision by Enforcement and how...

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