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Fintech Takes: Regulatory Roulette on Capital Hill

Fintech Takes

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Navigating CFPB's Regulatory Landscape

This chapter explores the evolving dynamics within the Consumer Financial Protection Bureau (CFPB) amidst recent leadership changes and political pressures. It highlights the agency's significant regulatory powers and the ongoing bureaucratic challenges, while examining the implications for consumer protection in a rapidly changing financial landscape. The discussion also emphasizes the relationship between traditional banks, emerging financial technologies, and the need for compliance, despite shifts in enforcement strategies.

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