House Republicans introduce bill to rein in CFPB
Republicans on the House Financial Services Committee have proposed legislation to change how the CFPB is funded and redefine its ability to regulate unfair, deceptive, or abusive acts or practices. The post House Republicans introduce bill to rein in CFPB appeared first on ABA…
Republicans on the House Financial Services Committee have proposed legislation to change how the CFPB is funded and redefine its ability to regulate unfair, deceptive, or abusive acts or practices. The post House Republicans introduce bill to rein in CFPB appeared first on ABA…
BELLINGS Intelligence Score: 62
Why it matters
Proposed legislation to curtail the CFPB's funding and regulatory authority could materially affect regulatory oversight and credit-market risk management, warranting elevated significance for credit professionals despite being a legislative proposal rather than a confirmed change.