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Another Senator Writes to CFPB

Auto Finance News

Another day, another letter from a legislator to the Consumer Financial Protection Bureau.
Sen. Max Baucus (D-Mon) is the latest to get in on this trend, writing last week to the Bureau about issues facing auto dealers in his home state.  He says he stands “with auto dealers in Montana in supporting reasonable and effective policies to protect consumers from unlawful lending practices and discrimination.”
He also asks for “greater transparency” from the CFPB.
A letter was sent by a group of 22 senators last month, and by a group of Representatives earlier this year.
Read Baucus’ letter here.

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