Comment on Consumer Protection Agency Could Watch Over '100,000 Firms': WSJ

Consumer Protection Agency Could Watch Over '100,000 Firms': WSJ

That "little government agency," as it was described by its staunchest defender, Elizabeth Warren, could end up overseeing tens of thousands of firms when all is said and done. The still-fledgling CFPB has laid out a list of six different types of companies that could soon fall under its wing, including debt relief and check cashing companies, that until now have mostly been free from the eyes of federal regulators, according to the Wall Street Journal.

 

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