October 15, 2018
Partner Lucy Morris quoted in Bloomberg Law on the current state of CFPB enforcement
On October 11, Bloomberg Law contacted Partner Lucy Morris, a former CFPB deputy enforcement director, for her assessment of the CFPB's current enforcement actions as compared to the third quarter of 2017. "The emphasis appears to be on resolving cases rather than expending resources to litigate over a few extra dollars," she said in an email to Bloomberg Law. CFPB enforcement actions announced this year "largely, if not entirely, resolved investigations or examinations opened under Cordray's leadership."
Lucy is a partner in Hudson Cook's Washington, D.C. office and chairs the firm's Government Investigations, Examinations and Enforcement practice group. Lucy counsels financial institutions and others in complying with federal consumer financial laws and prohibitions against unfair, deceptive or abusive trade practices. She is an experienced advocate and litigator, representing clients in government investigations, examinations, and enforcement actions before federal and state agencies, including the Consumer Financial Protection Bureau, Federal Trade Commission, U.S. Department of Justice and state AG offices.
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