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November 25, 2017 06:40 pm GMT
There’s another battle brewing in Washington, though it may not matter all that much to the many venture-backed online lending companies that had sprung into existence in the wake of post-crisis regulations. At the center of this particular drama: The Consumer Financial Protection Bureau, which was established under the 2010 Dodd-Frank Act to protect consumers from predatory lenders and… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vW7Moay8LZY/
Online lenders pull out the popcorn, as the Trump administration fights to control the CFPB
There’s another battle brewing in Washington, though it may not matter all that much to the many venture-backed online lending companies that had sprung into existence in the wake of post-crisis regulations. At the center of this particular drama: The Consumer Financial Protection Bureau, which was established under the 2010 Dodd-Frank Act to protect consumers from predatory lenders and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/vW7Moay8LZY/
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