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Ludovic Bertron

Banks Ask Congress To Alter Consumer Financial Protection Bureau, Roll Back Pro-Consumer Regulations

While virtually all federal agencies will soon see a change in leadership when President-elect Trump enters the White House, the future of the Consumer Financial Protection Bureau and its Director remain in question. In an effort to work around those legal concerns, the banking industry has called on Congress to legally change the structure of the CFPB, and to roll back a number of the CFPB’s recent and pending regulations on banks and lenders. [More]