New CFPB Chief’s Memo to Staff: Enforce Law, But Don’t Presume Guilt

National Mortgage News, Jan. 3, 2019–Kate Berry (subscription)
Kathy Kraninger, the director of the Consumer Financial Protection Bureau, said in an email to staff that the bureau will “vigorously enforce the law,” but also must weigh the “costs and benefits to consumers” of enforcement activities and rulemakings.