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Maroc Maroc - FACTPATROL.COM - A La Une - 20/Jan 20:37

Presidential Politics, the CFPB, and FHFA

Despite calls from Sen. Tim Scott (R-S.C.) for federal regulators to halt rulemaking until after President-elect Donald J. Trump’s inauguration, the Consumer Financial Protection Bureau (CFPB) finalized its controversial bank overdraft fee rule last month. Several financial trade associations have already filed a legal challenge to the rule, contending that the CFPB exceeded its statutory authority in […]

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