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ARTICLE · 07 MARCH 2018

Mulvaney: The CFPB Will Rely Much More On State Attorneys General

Troutman Pepper Locke LLP
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On February 28, Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, delivered remarks at the winter meeting of the National Association of Attorneys General ("NAAG") ...

United StatesConsumer Protection
Timothy Butler
Timothy Butler
Stephen Piepgrass
Stephen Piepgrass
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On February 28, Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, delivered remarks at the winter meeting of the National Association of Attorneys General ("NAAG") in which he outlined the CFPB's strategic vision and enforcement priorities.

More Enforcement Leadership from State Attorneys General

In his comments, Mulvaney stressed that, moving forward, the CFPB will rely much more on state attorneys general for the enforcement of consumer protection laws. "We're going to be relying on you folks a lot more," he said. "We're going to be looking to the state regulators and the states' attorneys general for a lot more leadership when it comes to enforcement."

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