How The CFPB Is Crushing Small Lenders
Congress Expands The CFPB's Reach To Mattress Companies As Nation Endures Severe Mattress Shortage
Sept. 1, 2017--Today Congress passed legislation authorizing the Consumer Financial Protection Bureau to expand its reach to regulate the production and quality of mattresses. After the overwhelming cost of compliance under the Consumer Protection Act and the CFPB’s regulations forced credit unions and community banks to shut their doors, the “too big to fail” banks have all merged into two remaining banks, the National Banking League...
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