House Arm Passes Bill to Repeal CFPB Guidance

The House Financial Services Committee has passed H.R. 1737, a bipartisan bill to repeal the Consumer Financial Protection Bureau’s (CFPB) 2013 guidance designed to pressure lending institutions into eliminating motor vehicle financing discounts for consumers. The bill is supported by the Recreation Vehicle Dealers Association (RVDA) and a number of other organizations working to protect […]