Yesterday, League partner Dollar Associates, LLC distributed a client update regarding Kathy Kraniger's confirmation as CFPB Director. In the update, Dennis Dollar provides an interesting perspective on what this means for credit unions. He notes that t
he most interesting matter with credit union implications, because of the spillover effect at NCUA and the states when the CFPB is prioritizing the issue, is whether there will be a focus on more and expanded fair lending examinations for all financial institutions - including credit unions.