CFPB Adopts ‘Lighter Touch’ Bank Supervision Amid Funding Battle
Banks and other consumer lending institutions are finding it easier these days to score a passing grade from Consumer Financial Protection Bureau (CFPB) examiners amid an ongoing battle over the agency’s funding and structure. According to Reuters, more than half the institutions examined earlier this year went through an “expedited review,” which means supervisors identified […] The post CFPB…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
