Consumer bureau draws fire for pro-business tilt during crisis

[McFurd]

Politico - 5/16/2020 - Katy O'Donnell - The Consumer Financial Protection Bureau is relaxing rules designed to shield Americans from abuse during the coronavirus crisis, saying the moves are necessary to give businesses flexibility during the pandemic. But with the agency facing an unprecedented wave of consumer complaints as millions of laid-off workers deal with their creditors, lawmakers and consumer advocates charge that the bureau is exploiting the crisis to further a pro-industry agenda. They’re demanding that it set aside all rulemaking unrelated to the crisis and take a more forceful stance toward businesses that could use the chaos to rip off consumers. Read more @ https://www.politico.com/news/2020/05/1 ... sis-261394