House Appropriations Bill Seeks CFPB Reforms

Today, the House Appropriations Committee’s Subcommittee on Financial Services and General Government will mark up its draft fiscal year 2018 appropriations bill.  The draft bill contains multiple provisions to reform the CFPB, which include: Eliminating the CFPB's supervisory authority; Removing the CFPB's UDAAP authority; Repealing the CFPB's authority to place restrictions on arbitration; and Creating... Continue Reading…...(read more)

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