US Consumer Finance Watchdog Pursues New Rules Before Trump's Takeover

Reported about 6 hours ago

The U.S. Consumer Financial Protection Bureau (CFPB) is pushing forward with new regulations aimed at enhancing consumer protections in the final weeks of the Biden administration, as President-elect Trump prepares to take office. Key targets include a ban on including medical debt in credit reports and restrictions on data brokers. This proactive approach defies calls from congressional Republicans to halt rulemaking and highlights the urgency to solidify reforms before the anticipated changes under a Trump-led administration.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis