Democratic Congress Members Oppose Proposals by CFPB

More than 60 Democratic members of Congress, including Chairwoman of the House Financial Services Committee Maxine Waters, protested a proposal by the Consumer Financial Protection Bureau (CFPB) that would limit lender information collected under the Home Mortgage Disclosure Act (HMDA). The dissenting members sent a letter to CFPB Director Kathy Kraninger, asking her to “immediately …

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