MoneyGram Says CFPB Rule It Allegedly Broke Is Invalid

By Emilie Ruscoe (October 27, 2022, 7:13 PM EDT) -- Money transfer company MoneyGram International Inc. on Wednesday told a Manhattan federal judge that a recent Fifth Circuit ruling confirms that the Consumer Financial Protection Bureau's enforcement action against the company over an alleged remittance rule violation can't go forward because the agency's rules are "void and unenforceable."...

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