In the Media
Joe Biden Could Face an Uphill Battle to Restore Consumer Protections
Read Time: 1 minBrian Fink (Washington, DC) was quoted in “Joe Biden Could Face an Uphill Battle to Restore Consumer Protections” in Barron’s and MarketWatch on November 13. The article discusses the outlook as the Biden administration’s incoming CFPB addresses the fallout from Covid-19.
The reorganization… could be revised or even abandoned under the Biden administration, some lawyers say. Like an Etch-a-Sketch, “you shake it and everything disappears,” says Brian Fink, a lawyer at McGlinchey Stafford and former program manager in the CFPB’s office of supervision policy.
The bureau has moved to have the case dismissed, saying the plaintiffs lack standing. A new director, Fink says, could “open this up for other opinions,” including those representing consumers’ interests.