US EditionTrump CFPB cuts raise concern about financial crises, conflict of interest
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Consumer Finance Monitor
Consumer Finance MonitorAs Trump Administration rolls back CFPB’s work, New York wants to fill the void
As the Trump Administration attempts to drastically cut CFPB funding and staffing, New York regulators and legislators are attempting to fill what could be a void in consumer protection efforts. “We’re hiring,” Adrienne A. Harris, the state’s Superintendent of the Department of Financial Services, said during a presentation on March 12 at the Brookings Institution. She delivered a message to financial services professionals, “We welcome you.” H…
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