February 09, 2018

National Law Journal quotes Gerry Sachs on the CFPB's agency structure

1 min

Gerry Sachs was quoted in the National Law Journal on February 9, 2018, about the agency moving to stop at least two companies from continuing to argue that enforcement actions should be dismissed based on an alleged defect in the agency's power structure.

Commenting on the future of the agency, Mr. Sachs said that it's too early to make predictions about where the CFPB's new leadership will take the agency. "While Acting Director Mulvaney has sought a review of regulations, reorganized the CFPB offices, and closed some cases, he is also allowing others to proceed."