November 9, 2016Blog Posts

CFPB’s Precarious Future Under Trump

American Banker:

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

During the campaign, Trump did not specifically endorse any plan to alter the CFPB, though he repeatedly sparred with its founder, Sen. Elizabeth Warren, D-Mass.

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