NACA in the News: Banks Raise Hackles as CFPB Enforcement Ramps Up

Release Date: 
March 13, 2020
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Bloomberg, Banks Raise Hackles as CFPB Enforcement Ramps Up.

"Overall enforcement remains down, said Christine Hines, the legislative director at the National Association of Consumer Advocates. The CFPB is still not doing the job of protecting consumers Congress intended under Kraninger, with both the drop in enforcement and the rollback of key rules, she said."