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CFPB to cut financial firm supervision, curb fintech focus

It will curb suspension events by 50%

Bloomberg News

America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm oversight. The Consumer Financial Protection Bureau said it will curb the number of supervision “events” by 50% and leave other enforcement actions to states, according to […]

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