RMA Election Impacts on the Financial Industry 2021 | Risk Management Association (RMA) | 12 January 2020 | Webinar

A timely and relevant discussion in the wake of the Presidential election and the potential impacts to the financial industry consumer financial services industry. We will discuss the current political landscape—which states are the battleground states that could determine control of the White House and Senate—and potential implications for, among other things:
• Leadership of the Consumer Financial Protection Bureau (CFPB)
• The federal banking regulators (the Federal Reserve Board, Comptroller of the Currency and Federal -Deposit Insurance Corporation)
• The Federal Trade Commission (FTC)
• Department of Justice (DOJ)
• The Department of Education (ED) and
• The Federal Communications Commission (FCC)
• Completed rulemakings of the CFPB and federal banking regulators (e.g., payday lending, “Madden fix,” Community Reinvestment Act)
• Pending and future rulemakings of the CFPB
• The federal banking regulators (e.g., debt collection, overdrafts, “true lender,” new CFPB “larger participant” rules, disparate impact)
• ED and the FCC Supervisory and enforcement activities and priorities of the CFPB, FTC, federal banking regulators, and DOJ -Federal and state legislative initiatives (e.g., usury caps, arbitration)
• State attorneys general and state financial services regulators -COVID - 19 legislation and regulations.

2021 Presenter

Christopher J. Willis
Practice Leader, Consumer Financial Services Litigation Group, and Deputy Practice Leader, Consumer Financial Services Group, Ballard Spahr