This Week: Debt Collectors Have ‘Conversation With Our Regulators’ At Sedona Summit
“A Conversation with our Federal Regulators.” That’s what’s on offer at a debt collector industry conference in Sedona, Arizona next week. The executive summit of Receivables Management Association International, an industry trade group, will host a Trump political appointee to the Consumer Financial Protection Bureau. It’s hardly his first speech to a trade group, as Allied Progress, a consumer watchdog group that flagged this story to me, pointed out — he also spoke at the group’s 2018 annual conference. The regulator, in this case, is the Consumer Financial Protection Bureau’s Tom Pahl, a debt collection expert with history on both the government and industry side of things. When Mick Mulvaney was named acting head of the Consumer Financial Protection Bureau, he created something new for the agency — political appointments. Unlike other regulators like the FTC, the consumer bureau was lead by one Senate-confirmed appointee and, otherwise, helmed by career bureaucrats and experts. Tom Pahl’s appointment to one of those…
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