Senate Bill introduced to rein in CFPB overreach

Senate Bill introduced to rein in CFPB overreach

NAFCU-supported bill requiring cost-benefit analysis of CFPB regs introduced in the Senate

Sens. John Kennedy, R-La., Cynthia Lummis, R-Wyo., Tim Scott, R-S.C., and Bill Hagerty, R-Tenn., Wednesday introduced the NAFCU-supported Transparency in CFPB Cost-Benefit Analysis Act. The legislation would help ensure the CFPB does not establish regulations that would result in unreasonable costs or harms to taxpayers, financial entities, or consumers.

Read More!

Senate Bill introduced to rein in CFPB overreach – NAFCUCFPB

Print Friendly, PDF & Email

Facebook Comments