Trade groups take aim at CFPB’s expansion of UDAAP authority
CFPB Monitor
JULY 7, 2022
Four leading trade groups are calling on the CFPB to rescind the recent updates to the UDAAP section of its Supervision and Examination Manual that instruct examiners to consider discrimination in connection with non-credit products and services as an unfair act or practice. Supreme Court’s decision on June 30, 2022 in West Virginia v.
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