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Born as being an agency that is fiercely independent to protect residents, the buyer Financial Protection Bureau

Born as being an agency that is fiercely independent to protect residents, the buyer Financial Protection Bureau has quickly been subsumed in to the Trump administration. Banking institutions, student-loan agencies and payday loan providers are the champions. But Mulvaney couldn’t overturn the ability-to-pay guideline. On his own since it had been finalized, he didn’t have the legal authority to reverse it. Mulvaney announced that the bureau would start reconsidering the guideline, a complex and potentially long procedure. The CFPB, under...

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