Removing Barriers Blog

CFPB’s Ombudsman Hosts Forum in Chicago
Posted June 18, 2019 by CUNA Advocacy

The CFPB Ombudsman’s Office hosted a small business forum today in Chicago, IL.  The Illinois Credit Union League (ICUL) attended the forum and provided recommendations on improving the Bureau’s processes.

 The Forum included a discussion of several small business-related issues, including: “the Small Business Regulatory Enforcement Fairness Act (SBREFA) process, innovation, the CFPB’s small entity compliance guides, the process surrounding Section 1071 of the Dodd-Frank Act, and the engagement of minority and women owned businesses with the CFPB.”

 The Ombudsman's Office provides an independent, impartial, and confidential resource to informally assist individuals, companies, consumer and trade groups, and others in resolving process issues with the CFPB.