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Home » Store » News » Bureau Supervision Program Attracts Input, Critics on RFIs

Bureau Supervision Program Attracts Input, Critics on RFIs

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Banking groups had plenty of suggestions in response to the CFPB’s request for feedback on its supervisory activities, starting with better communication and coordination. The CFPB supervises banks with more than $10 billion in assets and nonbanks that offer consumer financial products or services. Trade groups railed against the agency’s so-called regulation by enforcement, and instead urged the bureau to provide more guidance. “To date, the bureau’s ...
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