REFinBlog

Editor: David Reiss
Brooklyn Law School

December 1, 2017

Mooting The CFPB Constitutional Challenge

By David Reiss

Law360 quoted me in DC Circ. May Skip CFPB Fight After Cordray’s Exit. It opens, The legal battle over who will temporarily lead the Consumer Financial Protection Bureau comes as the D.C. Circuit is considering whether the bureau’s structure is constitutional, and experts … Continue reading

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December 1, 2017 in CFPB | Permalink | No Comments

November 22, 2017

No Can Sue

By David Reiss

US News & World Report quoted me in Washington Has Made It Harder for You to Sue Your Credit Card Company. What Now? It reads, in part, On Nov. 1, President Donald Trump signed a congressional resolution that can make it … Continue reading

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November 22, 2017 in CFPB | Permalink | No Comments

November 16, 2017

Thank You, Director Cordray

By David Reiss

Richard Cordray has announced that he will be stepping down as Director of the Consumer Financial Protection Bureau. He has been a lightning rod for critics of the Bureau. Those of us who believe that predatory behavior was endemic in … Continue reading

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November 16, 2017 in CFPB | Permalink | No Comments

October 31, 2017

Relegating Consumer Protection To The Shadows

By David Reiss

The Department of the Treasury released its report on Asset Management and Insurance, which follows on the heels of its report on the capital markets. The latest report calls for replacing the term “shadow banking” with “market based finance.” (63) The … Continue reading

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October 31, 2017 in CFPB | Permalink | No Comments

October 24, 2017

Arbitration Rule Hit Job

By David Reiss

The department of the Treasury issued a report, Limiting Consumer Choice, Expanding Costly Litigation: An Analysis of the CFPB Arbitration Rule. The report is a hit job on the Consumer Financial Protection Bureau’s new Arbitration Rule. The Arbitration Rule prohibits … Continue reading

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October 24, 2017 in CFPB | Permalink | No Comments

October 5, 2017

Evolution of the CFPB?

By David Reiss

The Mortgage Bankers Association has issued a white paper, CFPB 2.0: Advancing Consumer Protection. The Executive Summary reads, in part, In its first years, the Bureau’s regulatory expertise was largely consumed by the need to meet deadlines on specific rules … Continue reading

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October 5, 2017 in CFPB | Permalink | No Comments

September 26, 2017

Safeguarding The CFPB’s Arbitration Rule

By David Reiss

  I was one of the many signatories of this letter to Senators Crapo (R-ID) and Brown (D-OH) opposing H.R. Res. 111/S.J. Res. 47, “which would block the Consumer Financial Protection Bureau’s new forced arbitration rule.” the 423 signatories all agree … Continue reading

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September 26, 2017 in CFPB | Permalink | No Comments