Summary of Consumer Financial Protection Bureau's New Authority

Posted on August 10, 2011 by Fred Rivera

An August 9, 2011 Law360 article ("Consumer Financial Protection Bureau:  Open for Business") by attorney Gregory J. Pulles of Briggs and Morgan PA provides an overview of the Consumer Financial Protection Bureau's (CFPB) new powers as of the July 21, 2011 "designated transfer date."  The article summarizes a number of functions transferred to the CFPB from other federal agencies, and sets out the enumerated consumer laws that now fall within the CFPB's enforcement and rule-making purview.

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