Was CFPB data collection freeze politically motivated?
Senator Elizabeth Warren (D-Mass.) is demanding answers from Mick Mulvaney, director of the Office of Management and Budget, over his decision to freeze the collection of consumer data by the Consumer Financial Protection Bureau.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Article
Goodbye CFPB; it was fun while it lasted.
Slowly but surely, those critics of the Consumer Financial Protection Bureau’s are close to winning their battle, aided by efforts to dismantle the agency from within.
-
ArticleU.K. ‘buy now pay later’ regulation signals end of ‘Wild West’ fintech loans system
Firms offering “buy now, pay later” financing will become part of the regulated financial services sector in the U.K. from July 15. Compliance teams must act now to ensure they are ready to introduce rules and establish creditworthiness assessment processes, adapt systems, and change data processes before the deadline.
-
News BriefCFPB, DOJ withdraw guidance to lenders considering borrowers’ immigration status
Two months after the U.S. Consumer Financial Protection Bureau proposed a rule change to narrow anti-discrimination requirements for lenders, it has reversed previous guidance on noncitizen customers looking to borrow.