CFPB Likely to Be Reined in Under Trump, Republican Congress

CFPB Likely to Be Reined in Under Trump, Republican Congress

November 10, 2016, Bloomberg BNA

Eric Mogilnicki is quoted in a Bloomberg BNA article regarding how Donald Trump could affect the leadership and rulemaking and enforcement activities of the Consumer Financial Protection Bureau (CFPB). Commenting on the recent court decision on the constitutionality of the CFPB’s structure, Mogilnicki says, ‘‘There’s a real possibility that the en banc court decides that the panel didn’t need to reach the constitutional issue, and leaves that issue for another day.”