CFPB seeking compliance authority on military lending

CFPB seeking compliance authority on military lending
The Consumer Financial Protection Bureau is changing course on its previous decision to stop supervising lending to active duty service members. Kathy Kraninger, the newly confirmed director of the bureau, sent a letter to Congress on Thursday, asking for the “clear authority” to supervise for compliance with the Military Lending Act.
Source: https://www.housingwire.com/rss