CFPB Announces new Consumer Advisory Board Members, No Respresentation for Debt Collectors Yet Again

Last week, the Consumer Financial Protection Bureau (CFPB) announced the newest members of its advisory boards, including the Consumer Advisory Board (CAB). Notably, the CAB is yet again devoid of representation from the debt collection industry, which has been a pattern ever since 2018, when the CFPB's Former Acting Director Mick Mulvaney disbanded the advisory board on which Ohad Samet, CEO of TrueAccord, sat.

The newly announced CAB members include:

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