News Feed »

National Mortgage News: Focus on Low-Mod Mortgages Proves Profitable for This Budding Bank  |  National Mortgage News: Mortgage Credit Tightens Yet Again in June  |  National Mortgage News: People Movers of the Week: July 8  |  Bank of America: Bank of America Declares Dividend on Series L and Series Y Preferred Stock  |  Reverse Mortgage Daily: HUD Secretary Carson Praises Reverse Mortgage Program in Speech  |  National Mortgage News: Lenders Divided on Uber-Like Mortgage Tech Disruptors  |  CFPB: Consumer Financial Protection Bureau Monthly Complaint Snapshot Spotlights Credit Card Complaints  |  Mortgage Daily: Mortgage Complaints Fall From Year Earlier  |  

How the Financial CHOICE Act Would Roll Back the Powers of the CFPB and Ease Offerings of Consumer Financial Products and Services (MLB871B)

  Live Webinar
  60 minutes
  1:00 pm ET | 12:00 pm CT | 11:00 am MT | 10:00 am PT
Multiple Participants?
Call 1-800-223-8720
for a group pricing

Major Changes to the Consumer Financial Protection Bureau’s Enforcement Authority Are On the Table

On June 8, 2017, the U.S. House of Representatives passed the Financial CHOICE Act, which, if enacted, would rein in the Consumer Financial Protection Bureau (CFPB) by giving Congress control over its budget and funding; forcing the CFPB to bring regulatory actions in a court of law, if asked; and removing the CFPB’s authority with respect to enforcement actions involving unfair, deceptive and abusive acts and practices (UDAAP). The CFPB has been the most effective – and aggressive – federal regulatory agency we’ve seen in years. Its rules of the road have not always been clear, and many in the regulated community believe the agency has gone too far in bringing some enforcement actions. Enactment of the Financial CHOICE Act would significantly change how the CFPB enforces federal consumer financial protection laws, which would give some relief and more regulatory certainty to the regulated community.

This session with financial services attorney Chrys Lemon will provide a detailed, side-by-side comparison of what the CFPB can currently do and how the Financial CHOICE Act would change that. Chrys will discuss and respond to questions about how the Financial CHOICE Act will help regulated entities manage their regulatory risk and ease their compliance burden in offering financial products and services to consumers. This session will provide a better idea of what changes to the CFPB are possible, and when they might occur.

Session Highlights

Who Should Attend

Order Form
*Single User Price. For multiple users please call 1-800-223-8720
You can also order through

Chrys Lemon is a partner in McIntyre & Lemon, PLLC, in Washington, D.C. He specializes in financial services law, particularly related to marketing of consumer financial products and services, privacy law, insurance law, and regulation of financial institutions by the Consumer Financial Protecti... More info


We Also Recommend

Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.