Weakened U.S. consumer watchdog expected to bite back if Biden wins election

A decade-long Republican campaign to weaken the U.S. consumer watchdog’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency’s director with a consumer champion, nearly a dozen lawyers, lobbyists and policy experts said. The Consumer Financial Protection Bureau (CFPB) has been […]

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