CFPB’s Richard Cordray: Credit Companies Have to Accept “the Old Days” of No Supervision are Over

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In an interview on CNBC, Consumer Financial Protection Bureau director Richard Cordray talked about the more proactive regulation he wants to see in response to the Equifax breach. “It is not enough to have enforcement come after the fact. We’re going to have to have preventative monitoring in place.” When asked if this meant having […]
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