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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

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To say that 2020 has already started off as a busy year for the Consumer Financial Protection Bureau (CFPB) might be an understatement. In the most recent news late last week, the CFPB said it would change the way it defines and addresses “ abusive ” practices within the financial services arena. In the case, captioned Seila Law LLC v.

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Equifax CEO To Explain Leak To Congress

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consumer accounts were accessed by the hackers, as well as certain dispute documents with personal identifying information for approximately 182,000 U.S. Plus, there is the CFPB, which is widely believed to be about to lay a punishment down on Equifax using the same powers it has used against Wall Street’s biggest banks.

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