The Clock is Ticking: CFPB Blankets Small Business Banking Conference

At the Small Business Banking conference in Nashville, the CFPB is making its presence known by peppering attendees with this handout:

While not surprising considering they have been advertising this position on LinkedIn, it shows a concerted effort to not only recruit, but also to subtly inform everyone that their involvement is just around the corner.

What is alarming is that the assistant director for small business lending is said to play a role in rulemaking. As you may not be aware, the CFPB has legislative power that can bypass Congress even though it’s part of the executive branch.

Would you like to play a proactive role to protect the industry, improve its reputation, and educate government policy makers? Now is the time to consider joining the Coalition for Responsible Business Finance.

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Sean Murray is the President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future deBanked events here.