In the News - Professor Jeff Sovern quoted in The National Law Journal

Professor Jeff Sovern is quoted in “CFPB’s Enforcement Chief Quits, Saying Agency Has ‘No intention to Enforce Law,’” in the National Law Journal on June 11, 2025. Sovern is the Michael Millemann Professor of Consumer Law at Maryland Carey Law.

...an obvious sea change has occurred at the CFPB since President Trump’s first term, when Petersen was deputy enforcement director and the agency brought more than 80 enforcement actions...Congress created the bureau to prevent the kind of lending that led to the Great Recession and every effort to sabotage the bureau makes another Great Recession more likely.