February 22, 2021
Partner Lucy Morris quoted in Fortune magazine
In the February 2021 issue, Fortune outlines the U.S. economy's new "power players" under President Biden, including Rohit Chopra, Biden's pick for director of the Consumer Financial Protection Bureau (CFPB). Fortune noted that amped up regulation of the financial services industry looks to be a significant trend in the Biden administration, with Chopra's record suggesting that he will be an "energetic" regulator.
Lucy Morris, a Hudson Cook partner who served with Chopra in the early days of the CFPB, anticipates "that he will be at least as aggressive as former director Cordray, if not more." Lucy's assessment of Biden's pick is outlined in a recent article she wrote for Hudson Cook Insights.