FILE PHOTO: Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly
March 28, 2022
WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) plans to establish “dedicated units” within its enforcement and supervision divisions to better detect repeat corporate offenders, the watchdog’s director said on Monday.
The CFPB is looking at “structural remedies” aimed at holding large institutions more accountable for repeated misconduct, director Rohit Chopra said at a University of Pennsylvania law school event.
(Reporting by Chris Prentice)
Source: One America News Network
