Dodd-Frank Financial Regulation Law and Consumer Choice
Raj Date testified on the impact of the Dodd-Frank financial regulations law on consumer choice and access to credit. He emphasized the… read more
Raj Date testified on the impact of the Dodd-Frank financial regulations law on consumer choice and access to credit. He emphasized the importance of public and industry feedback the Consumer Financial Protection Bureau (CFPB) was seeking during the rule-making process. He also said that community banks had been pushed further and further towards the periphery of consumer finance in the U.S. He also acknowledged the concerns of small banks with regard to overburden regulations and compliance costs. close
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