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Chopra Distances CFPB from Trump Era in Settlement with Consumer Groups
American Banker, Nov. 30, 2021–Kate Berry (subscription)
The CFPB this week settled a lawsuit brought by a group of consumer advocates that alleged former CFPB Director Kathy Kraninger, a Trump appointee, violated the Federal Advisory Committee Act when she created a task force of outside experts. The act says federal advisory committees must be essential, in the public interest, fairly balanced and structured to avoid inappropriate influence.
https://www.americanbanker.com/news/chopra-distances-cfpb-from-trump-era-in-settlement-with-consumer-groups