New CFPB RFI Seeks Input on Supervision Processes

Feb 15, 2018

The Consumer Financial Protection Bureau (CFPB) has issued a new Request for Information (RFI), this team seeking input on the agency’s supervision processes.

The new RFI is the fourth in a series created by Acting Director Mick Mulvaney designed to encourage feedback and conversation on how the CFPB is working to protect consumers. In this RFI, the CFPB is seeking comments and information from interested parties to assist in assessing the overall efficiency and effectiveness of its supervision program and whether any changes to the program would be appropriate.

A fifth RFI, on the CFPB’s external engagement processes, will be issued next week. Other RFIs being planned will focus on topics including complaint reporting, rulemaking and guidance and implementation support. Comments on the latest RFI will accepted starting next week, after the RFI is printed in the Federal Register.

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Phil Hall

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Feb 15, 2018

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