Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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CFPB pause prompts concern of ‘regulatory vacuum’   

Lenders must still comply with state, federal laws 

Amanda Harris, Vaidik Trivedi

Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in enforcement activity by the Consumer Financial Protection Bureau.   State attorneys under the Dodd-Frank Act can bring actions that fall under unfair, deceptive or abusive acts or practices authority, John Redding, senior counsel at law firm Husch Blackwell, told […]

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