Loper Bright, the End of Chevron and the Future of CFPB Rulemaking

In this episode of RegFi, hosts Jerry Buckley and Sasha Leonhardt welcome John Coleman, Orrick partner and former Deputy General Counsel of the CFPB, to discuss the Supreme Court’s Loper Bright decision overturning Chevron deference and its potential impact on the CFPB’s regulatory authority. The conversation looks at how Chevron has been applied, the implications for the Bureau’s future rulemaking, and how the decision might shape the future of financial regulation. John provides a deep dive into the nuances of Loper Brightand suggests how it could lead to more consistent, durable rulemaking that benefits both consumers and industry participants.

Links:

• “The Supreme Court Shifted Power from Administrative Agencies to the Courts, but Don’t Expect Major Changes at the CFPB” by John Coleman (Law360)
• “Supreme Court Substantially Alters Review Framework For Federal Administrative Agencies” by Robert Loeb & Geoffrey Shaw (Orrick Insight)
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com