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Douglas F. Gansler Quoted in Bloomberg BNA Article, “States Prepare to Step in If CFPB Enforcement Slows in 2018”

Bloomberg BNA

Douglas F. Gansler

Douglas F. Gansler was quoted on December 13, 2017 in a Bloomberg BNA article, “States Prepare to Step in If CFPB Enforcement Slows in 2018,” which discussed the plan by state bank regulators and attorneys general to increase enforcement should the CFPB slow down under the Trump administration. The article stated, “Potential target areas include payday lending, debt collection, mortgage servicing, auto finance, student debt, and tribal lending. States expected to lead the charge include New York, Massachusetts, Washington, and Maryland, all of which have already challenged the Trump administration on issues like health care and immigration. Other contenders include Oregon and Pennsylvania, where Pennsylvania Attorney General Josh Shapiro (D) formed a new consumer financial protection unit in 2017 run by a former CFPB enforcement officer.”

Gansler added, “One wouldn’t have to look much further than the most proactive attorneys general who are already challenging the Trump administration and its agencies. They’re the most likely to be the ones filling the gap.”

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