Legal Newsline: CFPB’s loosening of rules ‘arbitrary and capricious’?

Legal Newsline, October 13, 2022, CFPB’s loosening of rules ‘arbitrary and capricious’

Five nonprofit groups including the National Community Reinvestment Coalition as well as the City of Toledo challenged the change, saying the CFPB failed to consider all the costs associated with the regulatory loosening.

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