Battle between two directors likely to have one outcome: less protection for consumers

Trump’s pick to run the Consumer Financial Protection Bureau faces a rival incumbent but it only seems to be delaying a tidal shift at the banking agency The battle between two supposed directors of the Consumer Financial Protection Bureau is making for compelling optics but only seems to be delaying a tidal shift at the powerful consumer watchdog. Related: Trump’s consumer agency pick serves doughnuts and plea to ‘disregard’ acting head Continue reading…

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