The Consumer Financial Protection Bureau Dismantled: What Does It Mean, and What Comes Next?

Keith Bradley | Squire Patton Boggs

Keith Bradley is co-chair of the Appellate & Supreme Court Practice. He represents companies and individuals in appeals before federal and state courts and has argued before appeals courts across around the country. He specializes in challenges to regulatory policy, such as Administrative Procedure Act litigation. He has achieved substantial results in litigation across a spectrum of agencies, including the Environmental Protection Agency (EPA), Health and Human Services (HHS), Department of Energy (DOE) and more.

Keith also counsels clients on regulatory compliance and represents them before US federal and state agencies across multiple regulatory regimes, especially in the financial and energy sectors. He works with multiple companies in the securities industry, in renewable energy, in consumer finance, and others. As a senior advisor to the General Counsel of the U.S. Department of Energy (DOE), Keith organized the defense of significant regulatory challenges and advised on important department regulatory reforms, such as those in energy conservation and nuclear export controls. He advised on complex DOE transactions, such as decommissioning contracts funded in part by barter arrangements, federal participation in transmission line projects, and more.

Before joining DOE, he was counsel in the Legal Division of the Consumer Financial Protection Bureau, where he helped draft significant regulations, counseled senior agency executives on administrative and constitutional law, and worked with enforcement teams on some of the bureau’s most significant matters. He has also been in-house counsel in the financial sector, building and running the compliance management system for the first nationwide mortgage brokerage franchise.

Keith is a member of the American Law Institute, and teaches administrative law at the University of Denver Sturm College of Law.

Keith is also a physicist who developed nanoelectronic sensor systems at a technology startup. He has 13 issued patents to his name.

[email protected] | T +1 303 894 6156

Steve Conigliaro | Squire Patton Boggs

Steve Conigliaro is a principal in the firm’s Financial Services Practice and provides strategic counsel to clients on a wide range of consumer banking and bank regulatory matters. During Steve’s 20+ year legal, risk and compliance career in financial services, he has been a trusted advisor to the world’s largest national banks, foreign banking organizations, credit unions, auto captive finance companies, payment card networks, mortgage originators, student lending servicers and payment card issuing and acquiring banks.

Steve served in leadership roles in several corporate compliance and legal departments, including with some of the largest national banks in the US. He has distinguished himself with deep regulatory knowledge and expertise and has been working at the forefront of consumer banking regulation since the creation of Dodd Frank in 2010. Steve has advocated on behalf of his clients on supervisory and enforcement matters with the Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau.

Steve counsels clients on all legal, regulatory and compliance requirements for retail and branch banking, digital banking, payments, mortgage originations and servicing, auto finance, credit cards, unsecured personal lending and buy-now-pay-later and student lending. He has led many important strategic transactions and partnership negotiations including auto finance-OEM private label agreements, whole loan purchase agreements with major point-of-sale personal loan originators and mortgage originators, mortgage loan servicing rights agreements and transformational bank partnership agreements with financial services technology providers. Steve also has a strong track record of successfully defending financial institutions on alleged fair lending violations under ECOA, FHA and CRA and has resolved matters in supervision and in enforcement for auto finance, mortgage and branch banking clients.

Steve began his legal career at a leading global law firm and was a founding member of its Financial Services Practice Group, where he specialized in representing payment card networks, banks and other financial institutions in compliance, litigation and regulatory enforcement actions.

[email protected] | T +1 602 528 4009

David L. Coats | Squire Patton Boggs

David is a commercial litigator with a focus on consumer protection, consumer finance, and privacy law. He helps businesses with their litigation needs and defends them when facing enforcement actions. In addition to his commercial litigation practice, David advises businesses on how to comply with the labyrinthine state and federal laws governing consumer finance, licensing and privacy laws. A former Colorado Assistant Attorney General and Denver Deputy District Attorney, David has litigated more than 20 trials. Today, David uses his prosecution and compliance experience to help clients put their best foot forward.

Prior to becoming an attorney, David worked for a global non-profit in Moscow, Russia that taught college students how to become social entrepreneurs. His pro bono work focuses on assisting non-profits and inmates. While in law school, he clerked for judges at the Colorado Supreme Court and the US District Court for the District of Colorado. He also worked at the Colorado Attorney General’s Office and the US Attorney’s Office. David was a Chancellor’s Scholar at the University of Denver and a clerk at the Colorado Court of Appeals. He is an avid mountaineer and a local leader for the Boy Scouts of America.

[email protected] | T +1 303 894 6105

I. Basics of the Consumer Financial Protection Act (and Dodd-Frank Act Title XIV) | 1:00pm – 1:20pm

II. Past Constitutional Controversies | 1:20pm – 1:40pm

III. What Does the CFPB Actually Do? | 1:40pm – 2:00pm

Break | 2:00pm – 2:10pm

IV. Recent CFPB Rulemakings | 2:10pm – 2:30pm

V. Alternative Enforcement Possibilities for CFPB Laws | 2:30pm – 2:50pm

VI. The Bureau and the Mortgage Markets | 2:50pm – 3:10pm