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Expert Analysis

Total Stay Of CFPB Small Biz Data Rule Is Boon To Lenders

By Timothy Butler, Matthew White and Tessa Cierny (November 17, 2023, 10:54 AM EST) -- On Oct. 26, the U.S. District Court for the Southern District of Texas issued a nationwide injunction prohibiting the Consumer Financial Protection Bureau from implementing or enforcing its small business lending rule, which was crafted to implement Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.[1]...

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