Possible Biden Administration Poses Challenges for Credit Unions, Donovan Says

If Joe Biden wins the election, he can be expected to replace the CFPB Director quickly and that new director is likely to restore the strict payday lending rule that was adopted during the Obama Administration, according to CUNA Chief Advocacy Officer Ryan Donovan. Donovan gave credit unions a heads up on what may happen next year.

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Possible Biden Administration Poses Challenges for Credit Unions, Donovan Says

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