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No exceptions due to the pandemic

Are agency’s other than the CFPB expected to change enforcement directives in the coming year?

Yes! The Biden administration has already reversed the pandemic “exceptions” for investigating errors on open end credit and credit reporting. The CFPB indicated allowing more time to complete investigations was not a goal of consumer protections and those needing to follow those rules would not get a pass for efforts alone. That means other regulatory agencies must resume enforcement regardless of manpower shortages on the banks part or a retailer who couldn’t take time to reply to the bank on an investigation.


Learn more about John and Andy’s

Insights, PS Ep.1, CFPB and e-Signage webinar.

First published on 06/20/2021

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