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Webinar: Consumer Financial Services Under the Trump Administration

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Wednesday, February 8, 2017 | 12:00 PM – 1:00 PM ET


Join us for a special webinar in which two renowned consumer law professors respond to questions about the impact of the Trump administration on consumer financial services regulation and enforcement and what consumer advocates can and should do about it. Professors Dee Pridgen and Jeff Sovern often advocate for consumers in their writings.

We will discuss:

  • What might prevent Consumer Financial Protection Bureau (CFPB) Director Richard Cordray from serving out his full term which expires in July 2018 and, if he does not serve his full term, what will be the effect on the CFPB?
  • What is the likelihood of the CFPB finalizing regulations, including arbitration, small-dollar lending, and debt collection?
  • Should the Democrats ultimately support a change in governance of the CFPB to a five-member commission and funding through congressional appropriations in order to avoid a sole director appointed by President Trump?
  • What will be the impact on the Federal Trade Commission (FTC) after it is controlled by Republican commissioners and what possible legislative changes might be in store for the FTC?
  • Will state attorneys general, departments of banking, and private civil litigation fill any void left by the CFPB?
  • What should be the priorities of consumerists in 2017 and beyond?

Alan S. Kaplinsky
Practice Leader
Consumer Financial Services

Professor Jeff Sovern
St. John’s University School of Law

Professor Dee Pridgen
The Carl M. Williams Professor of Law and Social Responsibility
University of Wyoming College of Law

Christopher J. Willis
Practice Leader
Consumer Financial Services Litigation




About the author

George Popescu

Serial entrepreneur.

George sold and exited his most successful company, Boston Technologies (BT) group, in 2014. BT was a technology, market maker, high-frequency trading and inter-broker broker-dealer in the FX Spot, precious metals and CFDs space company. George was the Founder and CEO and he boot-strapped from $0 to a $20+ million in revenue without any equity investment. BT has been #1 fastest growing company in Boston in 2011 according to the Boston Business Journal and the only company being in top 10 fastest in 2012-13 as it was #5 in 2012. BT has been on the Inc. 500/5000 list of fastest growing companies in the US for 4 years in a row ( #143, #373, #897 and #1270). After the company sale in July 2014 until February 2015 George was Head-of-Strategy for Currency Mountain ( ), a USD 100 million+ holding company focused on retail and medium institutional currencies, precious metals, stocks, fixed income and commodities businesses.

• Over the last 10 years, George founded 10 companies in online lending, craft beer brewery, exotic sports car rental space, hedge funds, peer-reviewed scientific journal ( Journal of Cellular and Molecular medicine…) and more. George advised 30+ early stage start-ups in different fields. George was also a mentor at MIT’s Venture Mentoring Services and Techstar Fintech in NY.

• Previously George obtained 3 Master's Degrees: a Master's of Science from MIT working on 3D printing, a Master’s in Electrical Engineering and Computer Science from Supelec, France and a Master's in Nanosciences from Paris XI University. Previously he worked as a visiting scientist at MIT in Bio-engineering for 2 years. George had 3 undergrad majors: Maths, Physics and Chemistry. His scientific career led to about 10 publications and patents.

• On the business side, Boston Business Journal has named me in the top 40 under 40 in 2012 in recognition of his business achievements.

• George is originally from Romania and grew up in Paris, France.

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