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New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)

May 16, 2017
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New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)

May 16, 2017
The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use the Congressional Review Act (CRA) to repeal new rules for the prepaid card industry passed by the consumer watchdog in the waning days of the Obama administration. Those new rules […]