Under Director Rohit Chopra, the CFPB has laid out a bold blueprint for stronger state-level consumer protections. As its tenure ends, the agency urges states to follow its lead in enhancing consumer safeguards. But will states answer that call?
This article, written by senior contributor Barbara Boccia, CRCM, MBA, JD, explores the impact of recent CFPB decisions and their potential implications for state-level regulations. From consumer protection measures to financial institution compliance, it delves into what this could mean for the industry at large.
Whether you’re a compliance officer, industry professional, or simply curious about the evolving landscape of regulatory requirements, this article is a must-read.
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