Hudson Cook is preparing to offer the industry another way to stay up to date on the Consumer Financial Protection Bureau’s activities.
Hudson Cook partners Eric Johnson and Justin Hosie will be hosts for a new monthly webinar series titled, “CFPB Bites of the Month.” Johnson and Hose are scheduled to orchestrate their first webinar on Jan. 15.
“With consumer financial services concerns front and center in the daily news cycles — including the 2020 presidential election — the Consumer Financial Protection Bureau’s work has taken center stage,” Hudson Cook said.
“Since Trump’s appointee, Kathleen Kraninger, took over as the bureau’s director in December 2018, we’ve seen an increase in the number of CIDs issued and enforcement actions over prior acting director Mick Mulvaney, and continued examinations, as well as an emphasis on consumer financial education,” the firm continued.
To help keep clients abreast of what is happening at the CFPB, the firm noted these monthly updates, including but not limited to: CFPB press, rulemaking, ongoing litigation, supervision and other timely news.
In order to accommodate busy schedules, the webinars will last just 30 minutes during lunchtime on the third Wednesday of each month.
“With all of the press reports about the CFPB flooding our inboxes every day, we felt it would help our clients to take just 30 minutes a month to keep them up-to-date on the CFPB and how its work may affect their businesses,” Hosie said in a news release.
Johnson added, “We write plenty of articles for various industry publications but thought it would benefit busy in-house counsel and other company executives if we condensed everything into a regular report. We want our clients to know what’s going on and how to mitigate their risk.”
Hudson Cook’s attorneys include former senior federal regulators and staff attorneys, including for the CFPB, as well as former in-house counsel for major banks and finance companies. Working with the firm’s government investigations, examinations and enforcement practice group, attorneys closely watch developments among federal and state agencies and legislative bodies to anticipate new laws and regulations as well as changes to existing statutes.
“CFPB Bites of the Month” is the newest webinar series from Hudson Cook, joining the monthly series titled, “Compliance Coffee Breaks” on the second Tuesday of each month.
Information about all of the firm’s webinars can be found at hudsoncook.com/webinars.