Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

CFPB resurrects consumer advisory boards

Joe Mont | March 22, 2019

Undoing a controversial move by her predecessor, Kathleen Kraninger, director of the Consumer Financial Protection Bureau, has reinstated and “enhanced” consumer advisory boards.

“I’ve seen firsthand how the Bureau benefits from the valuable input provided by committee members. I have also seen how the joint committee meeting is resulting in members sharpening their ideas by engaging in a thorough dialogue,” Kraninger said in a March 21 statement. “These enhancements demonstrate my commitment to ensuring that the Bureau’s advisory committees are helping to improve our work on behalf of consumers.”  

The Bureau’s advisory committee program includes the Consumer Advisory Board, Academic Research Council, Community Bank Advisory Council, and Credit Union Advisory Council. Effective fiscal year 2020, the committees will expand...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.