America's Top Consumer Watchdog Faces Uncertain Future as Some Trump Allies Call to 'Delete' the CFPB
Financial Services attorney Eamonn Moran was quoted in a Yahoo Finance article discussing the potential future of the Consumer Financial Protection Bureau (CFPB) under President Donald Trump's new administration. Although concerns about the CFPB's level of activity linger, Mr. Moran highlighted that the agency brought significant scrutiny to the banking industry during Trump's previous term.
"Under the Trump Administration, the CFPB didn't go away. It survived," he said. "It might have looked a little bit different from what it was under Cordray and what it now is under Chopra. But I like to look at these types of questions through a sober lens."