The CFPB Turns 10: What is the CFPB's Legacy?

On July 19, 2021, the Federalist Society's Financial Services and E-Commerce Practice Group sponsored an online conference titled "The CFPB Turns 10: Evaluating America’s Youngest Federal Financial Regulator." The first panel of the conference asked "What is the CFPB's Legacy?".

Ten years after first opening its doors, the Consumer Financial Protection Bureau remains one of the most controversial agencies in the federal government. What is it about the agency that continues to inspire partisan passions, and how can the CFPB’s legacy be objectively assessed? This panel examined the CFPB’s successes and failures over the past decade and evaluated the effect it has had on consumers, industry, and financial markets. The panelists included two former Deputy Directors, each of whom served under both former Director Cordray and former Director Kraninger.

Featuring:

Tom Pahl, Former Deputy Director, Consumer Financial Protection Bureau

David Silberman, Former Acting Deputy Director, Consumer Financial Protection Bureau

Moderator: Brian Johnson, Partner, Alston & Bird LLP

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As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.