Senate Panel Will Repeal CFPB Auto Lending Rules

U.S. Senate Banking Committee Republican Pat Toomey said the panel plans to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules in the coming weeks. According to a Reuters report, the agency conceived to stamp out predatory lending must pull back from “unfair” oversight of the finance sector, Toomey added. Drivers who […]