Bureau Asks for Public Input on Administrative Adjudications
February 5, 2018
The CFPB last week issued another in its series of requests for information – this one focusing on the bureau’s administrative adjudications. “The bureau is seeking to better understand the benefits and impacts of its use of administrative adjudications, and how its existing process may be improved,” the agency said. “This RFI will provide an opportunity for the public to submit feedback and suggest ways to improve outcomes for both consumers and covered entities.” In order to more effectively evaluate suggestions, the bureau asked that comments include specific discussion of the positive and negative aspects of the agency’s administrative adjudication processes, including whether a policy of proceeding in federal court in all instances would be preferable. The CFPB also would like ...