Public meetings of the academic research, consumer, community bank, and credit union panels formed to advise the federal agency charged with consumer financial protection are slated about two weeks from now and will focus, among other things, on “broad policy matters” related to the agency’s unified regulatory agenda, according to notices in Tuesday’s Federal Register.
The four Consumer Financial Protection Bureau (CFPB) advisory panels – the Academic Research Council (ARC), Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), and Credit Union Advisory Council (CUAC) – were recently expanded by the addition of 35 new members. In unveiling the new appointments, bureau Director Kathleen Kraninger also announced an expansion in committee members’ terms to two years (staggered) and an increase to three in the number of times the committees will meet each year.
The first of these meetings for FY2020 will take place Oct. 23-24 for the CAB, CBAC, and CUAC. The panels will meet from about 12:30 – 4:15 p.m. ET on Oct. 23 and from about 10 a.m. – 3:15 p.m. ET on Oct. 24. A cursory agenda shows the panels will discuss “broad policy matters related to the Bureau’s Unified Regulatory Agenda and general scope of authority.”
The ARC is also set to meet from 10:15 a.m. – 4 p.m. ET Oct. 25 to discuss the “methodology, direction for consumer finance research, and broad policy matters related to the Bureau’s Unified Regulatory Agenda and general scope of authority,” according to the meeting notice.
Full meeting agendas are slated to be published on the CFPB’s website Oct. 22 for the CAB, CBAC, and CUAC meetings; and Oct. 24 for the ARC meeting.
The meetings will be held at the bureau’s headquarters at 1700 G St. N.W., Washington, D.C. 20552; public portions will be viewable via the agency’s website. RSVPs to access the proceedings online are required by noon the day before each meeting begins.
RR: Kraninger names bureau Consumer Advisory Board, advisory council members (Oct. 3, 2019)