S2E4 | Rich Horn – Townstone, the CFPB and a Stunning Reversal

No one saw that coming! That was industry’s response when the Consumer Financial Protection Bureau (CFPB) reversed its stance on a discrimination case it had already settled. The change of heart was directly connected to the change in leadership at the bureau under the Trump administration. Garris Horn LLP Co-Managing Partner Rich Horn was one of the lead defense attorneys in the years-long case against Townstone Financial. Listen as Horn dives into the legal depths of one of the bureau’s most high-profile cases that drew no shortage of headlines. Horn’s insider knowledge of the facts and legal arguments provide an eye-opening perspective on the matter and the implications of reopening a case that had already been settled – an unprecedented move for a federal agency.