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Watchdog appears to rescind important element of payday loan guidelines. But since President Trump appointed Acting Director Mick Mulvaney, the bureau has brought a distinctly more pro-industry way than under their predecessor.
The buyer Financial Protection Bureau will revisit an essential part of its year-old lending that is payday laws, the agency announced Friday, a move that may probably ensure it is harder when it comes to bureau to guard customers from prospective abuses, if changed. Read more