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CFPB Issues RFI on Supervision Process
On Wednesday, February 14, 2018, the Bureau issued its fourth in a line of requests for information (RFIs) meant to assess the overall efficiency and effectiveness of the Bureau, with this RFI focusing specifically on the Bureau’s supervision processes. The Bureau seeks information on the overall efficiency of its supervision program, and whether any changes to the program are needed. Submissions to this RFI must be submitted within 90 days of the RFI hitting the federal register. The next RFI the Bureau plans to release will address the Bureau’s external engagement processes, and be released next week.