The Consumer Financial Protection Bureau (CFPB) on Friday released its “humility pledge” for examiners in its Supervision Division, to avoid the overregulation and “thuggery” of the Biden administration-era CFPB.
“The Consumer Financial Protection Bureau said it is requiring supervisory examiners to take a new ‘ humility pledge ,’ which must be read out loud to examined institutions before conducting exams,” American Banker explained.
The CFPB, under Acting Director Russ Vought, said it will change how it conducts examinations of the banks, lenders, and other financial institutions that it regulates. It noted in a press release that under the…
Read the full article at BREITBART.COM
