CFPB's Larger Participant Rule for Consumer Payments

The Consumer Finance Podcast · Jul 6, 2023 · 20m

Please join Troutman Pepper Partner Chris Willis and colleagues Keith Barnett, Carlin McCrory, and Josh McBeain as they discuss the Consumer Financial Protection Bureau's (CFPB) larger participant rule for consumer payments mentioned in its 2023 semi-annual rulemaking agenda. During this podcast, they examine a myriad of topics concerning this rule, including the following:

The current trend of CFPB supervision and why the CFPB is proposing this larger participant rule;

The influence on the substantive law governing some aspects of payments;

The implication of CFPB examinations of payments…