Dismissal of Consumer Advisory Board at Bureau

June 6, 2018

On Wednesday, June 6, 2018, the Bureau informed interested stakeholders that they would be dismissing current members of the Bureau advisory boards, including the Consumer Advisory Board, and drawing new participants from the current application process to replace them. This comes as a result of the Bureau’s request for information on external engagement. The Bureau noted, “In addition to the advisory groups, the Bureau will increase its strategic outreach to encourage in-depth conversations, sharing information, and developing partnerships focused on consumers in underserved communities and geographies. These engagements will include regional town halls, roundtable discussions at the Bureau’s headquarters with consumer finance experts and representatives, regional roundtables, and regular national calls.”