Latest / The Consumer Finance Podcast
The FTC Caught Up: What You Need to Know About Its Latest Disparate Impact Statement
In this crossover edition of The Consumer Finance Podcast and Moving the Metal: The Auto Finance Podcast, hosts Chris Willis, Brooke Conkle, and Chris Capurso break down the FTC's policy statement abandoning disparate impact enforcement under the Equal Credit Opportunity Act and Section 5 of the FTC Act. The group traces the reversal to two key drivers — a reassessment of the FTC's statutory authority and President Trump's executive order directing agencies to deprioritize disparate impact liability — while placing the move in the broader context of similar rollbacks at the CFPB and federal…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.