Dec
01
Protection Bureau’s Stormy Path to Reform the Auto Finance Industry
By
House Republicans are trying to shut down the Consumer Financial Protection Bureau’s attempt to regulate the $900 billion auto finance industry. It’s a political battle that just might lead to the end of the fledgling agency’s mission to regulate every nook and cranny of consumer finance.
The C.F.P.B. was created in 2008 by the Dodd-Frank Act, fulfilling Elizabeth Warren’s desire to have a federal agency devoted to protecting the consumer in financial decisions and dealings…
Protection Bureau’s Stormy Path to Reform the Auto Finance Industry
