American Banker, March 30, 2023, CFPB Finalizes Data-Reporting Rule For Small-Business Lenders
“Having the data set is very, very powerful especially when you can identify … what different lenders are doing,” CFPB Director Rohit Chopra said Thursday, drawing applause and cheers at a conference of the National Community Reinvestment Coalition. “By merely asking for the data it changes the way lenders think.”
