Five Democratic Senators urge CFPB to revise remittance transfer rule
CFPB Monitor
OCTOBER 25, 2022
Brian Schatz (D-Hawaii), Jack Reed (D-R.I.), To comply with this suggested change, transfer providers would have to invest in new technology to exchange information with every receiving bank around the world and require the customer to wait for a response. . ยงยง 1005.30 Senators Elizabeth Warren (D-Mass.),Dianne
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