GlobalData on MSN
US regulators scrap guidance on lenders’ use of immigration status
The agencies said withdrawal is “appropriate to avoid any unnecessary burdens” from new or increased compliance efforts.
CONSUMER FINANCIAL PROTECTION BUREAU 5 hours ago Federal Reserve releases new guidance for bank oversight in move praised by industry The Federal Reserve’s top banking regulator on Tuesday released ...
CFPB and DOJ withdraw Biden-era guidance on using immigration status in credit decisions, clarifying ECOA fair-lending rules ...
WASHINGTON, Jan 12 (Reuters) - The U.S. Consumer Financial Protection Bureau and the Department of Justice withdrew guidance ...
Banks and other lenders can consider a potential borrower’s immigration status when reviewing a loan application, the ...
Continuing to retreat from Biden-era rules, the Consumer Financial Protection Bureau and Department of Justice withdrew a ...
The withdrawn guidance is a “natural outgrowth” of the Trump administration’s hostility toward disparate impact claims, said ...
The Trump administration is moving to roll back Biden-era rules at the Consumer Financial Protection Bureau (CFPB) that required businesses subject to federal regulatory orders to submit those for ...
The Supreme Court on Thursday upheld the Consumer Financial Protection Bureau and how Congress decided to fund the agency, rejecting a constitutional challenge by the banking industry and preserving a ...
Jacobin on MSNOpinion
Trump Is Proving Democratic Presidents Weren’t Powerless
When Barack Obama and Joe Biden occupied the White House, Democrats gave excuse after excuse about why they couldn’t take ...
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