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Bipartisan CFPB guidance legislation introduced in U.S. House
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Legislative Developments
Monday, April 23, 2018
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Wisconsin Congressman Sean Duffy, chairman of the Financial Services Subcommittee on Housing & Insurance, and Congressman Ed Perlmutter (D-Colo.) introduced the Give Useful Information to Define Effective Compliance (GUIDE) Act. The GUIDE Compliance Act seeks to regularize the Consumer Finance Protection Bureau’s process of providing rules and guidance to better protect consumers. Read on for more details.
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