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Paul Watkins, Director of the CFPB’s Office of Innovation, discusses final innovation policies in Ballard Spahr webinar

CFPB Monitor

Paul Watkins, Director of the CFPB’s Office of Innovation, joined Ballard Spahr partners Alan Kaplinsky and James Kim yesterday for a discussion of the CFPB’s final innovation policies. Both Alan and James praised the Bureau’s efforts under its new leadership, with Alan referring to them as “refreshing.”).

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CFPB Issues Interpretive Rule Clarifying that Sex Discrimination under ECOA and Regulation B Includes Sexual Orientation and Gender Identity Discrimination

CFPB Monitor

Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination. Clayton County, Georgia (140 S.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration.

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Financial Policy Predictions 2021: Meaningful Changes Ahead

FICO

Regulators launched a series of financial inclusion initiatives including the OCC’s Project REACh aimed, in part, at expanding access to credit for the non-scorable population and NCUA’’s ACCESS which features four pillars focused on credit, education, stability, and support.