CFPB is hiring attorneys, beefing up enforcement staff

The CFPB promises more aggressive enforcement despite an uncertain future

Consider yourselves warned.

The Consumer Financial Protection Bureau is beefing up its enforcement staff and intends to hire 75 attorneys this year, agency officials confirmed this week.

The agency announcement about recruiting for the new positions reads, “The CFPB recently announced that we are significantly expanding our enforcement capacity in 2024 to build on our achievements so far.”

The agency is recruiting a diverse set of employees, Molly McQueen, an enforcement attorney said Tuesday, during an internet briefing for prospective attorneys. “You are not required to already be an expert in consumer financial law,” she added.

 

continue reading »