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Senate increases pressure with own hold-harmless bill
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Legislative Developments, The Road to Oct. 3
Monday, July 13, 2015
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Without a hold-harmless period adopted by the Consumer Financial Protection Bureau, despite industry pressure and letters from House and Senate members urging so, the Senate has looked to increase pressure on the bureau. Two senators introduced a hold-harmless bill this week. Read on to find out how this move could affect the CFPB’s decision.
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