The Consumer Financial Protection Bureau (CFPB) has published a Request for Information (RFI) seeking feedback about the bureau’s authority to use Civil Investigative Demands (CIDs).
The CFPB recently announced its intention to issue the RFI as part of acting director Mick Mulvaney’s large-scale plan to examine the bureau’s various functions to ensure that it is taking the best approach possible to achieving its consumer protection mission.
Find out what specific aspects of its CID processes the bureau is attempting to evaluate.