In The Press June 08, 2022

Chopra’s Deputies: State Attorneys General and Consumer Protection (Law.com)

In May 2022, the Consumer Financial Protection Bureau (CFPB) did something rare for federal agencies: It declared that state attorneys general have broader authority to enforce certain federal laws than does the federal government itself. CFPB’s declaration came in the form of an interpretive ruling that instructed states of their ability to enforce the Consumer Financial Protection Act (CFPA) free from limitations, like industry carve outs, that apply to CFPB. Goodwin Consumer Financial Services Litigation partner W. Kyle Tayman, Appellate Litigation partner Andrew Kim and Litigation associate Collin Grier explain more in this byline article. Read the Law.com article here.