United States: CFPB Rescinds

United States: CFPB Rescinds "Abusive" Policy Statement, Signaling Broader And More Aggressive View Of "Abusive" Authority - Kelley Drye & Warren LLP

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In a significant but unsurprising move, the CFPB announced today that it was rescinding a policy statement issued in January 2020 that sought to tether the Bureau's "abusive" authority...

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