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Email On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced plans to revitalize its authority to examine “nonbank” financial companies that pose risks to consumers. Though the CFPB has held this authority since its creation in 2010, the agency has rarely invoked it, leaving it largely “dormant.” The CFPB’s announcement marks a possible reversal of that trend. https://www.cadwalader.com/resources/clients-friends-memos/spring-cleaning-cfpb-dusts-off-dormant-authority-to-supervise-risky-conduct-by-nonbanks