CFPB Rescinds Policies Giving Financial Institutions Flexibility Due to Pandemic

The Biden Administration’s Consumer Financial Protection Bureau is back to a regulatory regime, rescinding a series of pandemic-related policy rollbacks. The pandemic will no longer be an acceptable excuse for failing to follow the CFPB’s consumer protection rules. Agency officials were quite clear about what will be expected of financial institutions going forward.

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CFPB Rescinds Policies Giving Financial Institutions Flexibility Due to Pandemic

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