keeping watch over the watchdogs

SRM's Take on What to Expect from the CFPB in 2023


It has been a particularly eventful time in the world of financial services regulation, and banks and credit unions have a lot of developments to monitor as we start a new year.

The unique structure of the Consumer Financial Protection Bureau (CFPB) affords a wider berth in selecting and acting on priorities with limited oversight from elected officials.

In 2022 alone, CFPB officials expressed an interest in monitoring overdraft fees; Buy Now, Pay Later platforms; credit card late fees; and Banking-as-a-Service partnerships.

In our latest report, SRM's experts explore five areas that require watching in 2023 as the CFPB exerts its influence.

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