House appropriations bill amendment would delay enforcement of CFPB payday loan rule

Barbara S. Mishkin According to a Politico report, the House Appropriations Committee has advanced a bipartisan amendment to the FY17 Financial Services and General Government Appropriations bill that would block the CFPB from enforcing a rule regulating payday and vehicle title loans until the CFPB submits a detailed report on the consumer impact to Congress.  The amendment, which... More >...(read more)

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