January 30, 2025
CFPB in Transition: Leadership Shifts, Innovation, and the Future of Rulemaking
Description
In collaboration with Husch Blackwell
CFPB in Transition: Leadership Shifts, Innovation, and the Future of Rulemaking. Over the last few years, the Consumer Financial Protection Bureau (CFPB) has adopted a proactive approach to rulemaking, issuing numerous final and proposed rules, interpretive guidance, most recently on open banking, Earned Wage Access (EWA) and Buy Now Pay Later (BNPL) and has aggressively pursued enforcement actions in the name of consumer protection. With the upcoming change in leadership following the election of President Donald Trump, the CFPB is poised for a significant shift in its policy direction and agency priorities. As a relatively young agency, the CFPB has only seen a handful of transitions, and the political shift in Congress has left many questions about the future of its initiatives. This webinar, led by experts at Husch Blackwell, will explore how the leadership and policy changes under the new administration will in fluence the CFPB's rulemaking efforts. It will examine the potential impact of these changes on key sectors and discuss the broader implications for businesses and consumers as the CFPB adapts and its recent regulatory actions examined.
Sponsor
Moderator
Susan Seaman
Partner, Husch Blackwell
Speakers
Jonah Crane
Partner, Klaros Group
RaShawn Mitchell
Head of Government Affairs, MoneyLion
Ian Moloney
Senior Vice President, Head of Policy and Regulatory Affairs, AFC
Mike G. Silver
Partner, Husch Blackwell
December 12, 2024
Unlocking Open Banking: The Final Rule, Bank Pushback, and What’s Next
Description
In collaboration with Morrison Foerster
Open Banking ranks as one of the most pressing global regulatory issues of the last decade. How the financial services industry and consumers are able to engage and move their data is crucial to the future of finance and innovation. Though the U.S. Open Banking environment was largely market-driven for many years, recent moves by the Consumer Financial Protection Bureau sought to create a formal regulatory regime for Open Banking. This effort was met with a mixed reception inside and outside industry, a prompt lawsuit on the day the Bureau finalized its regulations, and the question of “where do we go from here?”. Join us for an insightful webinar that dives deep into the implications of the Final Rule in Open Banking. This session will provide a comprehensive overview of the Final Rule, its key issues, and how financial institutions are reacting. Led by Morrison Foerster, the panel will explore the challenges banks face in implementing the rule, particularly in light of recent legal disputes. Additionally, they will discuss potential future developments under the Trump Administration, shedding light on how regulatory shifts may impact Open Banking initiatives. Don't miss out on this critical discussion for professionals in the banking and fintech industries.
Sponsor
Moderator
Jeremy Mandell
Co-Chair of Financial Services Group, Morrison Foerster
Speakers
Natalie Fleming Nolen
Partner, Morrison Foerster
Derek Henderson
Chief Compliance Officer, CRA Officer, DR Bank
Matthew Janiga
Legal Counsel, Director of Regulatory and Public Affairs, Trustly
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