American Banker Speaks With Meredith Osborn on CFPB Redress Delays

Financial Services partner and former Consumer Financial Protection Bureau (CFPB) founder and enforcement attorney Meredith Osborn was quoted in the American Banker's article "'Not a political issue': Compensation stalls amid CFPB turmoil." The story discussed potential delays in redress plans due to ongoing challenges at the oversight agency.

Osborn told American Banker that a court order could be the most efficient potential course of action to move the redress process forward and resume compensation for consumers. "The courts could get impatient [with the CFPB] and say that they're holding this process up by which the consumers are supposed to get this money," Osborn explained.

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