CFPB Enforcement Sees Highest New Case Volume In 5 Years

By Jon Hill (October 14, 2020, 8:24 PM EDT) -- The Consumer Financial Protection Bureau has often been accused of going soft on businesses under President Donald Trump, but the agency is coming off its busiest quarter for enforcement since before he took office. It's a striking surge in activity that financial services attorneys say is more than a fluke.

Records from the CFPB's online enforcement database show the agency brought 19 public civil and administrative actions in its last fiscal quarter from July through the end of September, a pace nearly four times what it was the previous quarter and more than double what it was the same quarter last...

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