As Federal Regulations Slip, States Are Filling The Gap

As Federal Regulations Slip, States are Filling the Gap

In the years since its 2011 inception, the Consumer Financial Protection Bureau (CFPB) has been a valuable shield between consumers and predatory financial practices. The federal regulatory body held Wells Fargo accountable when the bank was caught opening fake accounts in customers’ names, and it forced Capital One Bank to reimburse customers for unnecessary add-ons.…

Max Totsky

Max Totsky is journalist based in Chicago. His writing can be found at Inc.com, PopMatters, and ADCG.org.

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