On March 31, 2021, the Consumer Financial Protection Bureau (“CFPB”) rescinded a range of policy statements issued under the leadership of former Director Kathleen L. Kraninger.  These rescissions concerned one policy statement governing communications between institutions subject to CFPB supervision and their examiners, and seven policy statements issued during the COVID-19 pandemic to provide regulatory relief to affected institutions.  Click here to read our recent article on the ABA Business Law Today website analyzing these rescissions and what they may signal regarding the future of the Bureau.

Tags: CFPB, Consumer, COVID-19, Examinations, Supervision
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Photo of Lucille Bartholomew Lucille Bartholomew

Lucy Bartholomew defends banks, consumer reporting agencies, and other financial services providers and their officers and directors in connection with civil and regulatory enforcement matters and internal investigations. Lucy represents clients throughout all stages of enforcement matters, including civil investigative demand negotiations, document…

Lucy Bartholomew defends banks, consumer reporting agencies, and other financial services providers and their officers and directors in connection with civil and regulatory enforcement matters and internal investigations. Lucy represents clients throughout all stages of enforcement matters, including civil investigative demand negotiations, document collection, response preparation, civil investigational hearings, the NORA/15-day letter process, and resolution. She regularly appears in front of the CFPB, FTC, federal banking agencies, and other federal and state regulators.

Lucy also maintains an active financial services regulatory practice and specializes in UDAAP, credit reporting, fair lending, fees, error resolution, consumer credit, and advertising.

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