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Senate introduces CFPB Guidance legislation
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Legislative Developments
Wednesday, September 19, 2018
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Days after the House Financial Services Committee passed a companion bill, Sens. Orrin Hatch (R-Utah) and James Lankford (R-Okla.) introduced S. 3443, the Give Useful Information to Define Effective Compliance Act. The act is designed to enhance transparency and predictability to the rulemaking process of the Consumer Financial Protection Bureau. Read on for more details.
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