Cordray Resigns: What's Next for the CFPB?
CFPB Director Richard Cordray has announced that he will resign as CFPB Director by the end of this month. His announcement follows months of speculation that Director Cordray would not remain at the CFPB until the scheduled expiration of his term in July 2018. His eventual replacement with a successor appointed by President Trump will undoubtedly have a significant impact on the agency’s priorities and initiatives.
During this webinar, we will discuss the following topics:
Does President Trump have authority to appoint someone other than David Silberman, the current Acting Deputy Director, to serve as Acting Director until a new Director is confirmed by the Senate?
What will the impact of a new Director be on the CFPB's exercise of its rulemaking, supervisory, and enforcement authority?
Can a new Director repeal previously-issued CFPB guidance and final rules?
How will a new Director impact the PHH case and other litigation challenging the CFPB's constitutionality?
How will a new Director impact legislative efforts to make changes to the CFPB's leadership structure, funding, and authority?
- CFTC Requests Comment on Proposed Exemptive Order to Permit ICE Clear Credit, ICE Clear US and ICE Clear Europe to Invest Customer Funds in French and German Sovereign Debt
- CFTC Approves Exemption From SEF Registration Requirements for Multilateral Trading Facilities and Organized Trading Facilities Authorized Within the EU
- Dismissal of Landmark UK Class Action Against MasterCard Appealed; MasterCard Awarded £289,280 in Interim Costs