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CFPB to 'reshape markets' as it tightens grip on consumer lenders

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By Jennifer Kang
15 Jul 2021

The Consumer Financial Protection Bureau is casting a wider net in terms of what it considers consumer fraud to keep in line with US president Joe Biden's pro-consumer agenda. Such aggressive consumer protection measures, if they were to increase in magnitude, might create unpredictability for secondary markets and investors, sources said.

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By Jennifer Kang
15 Jul 2021