Sen. Menendez, Colleagues Urge the CFPB to Halt Work on the Payday Rule and Restart the Rulemaking Process
May 06, 2020
May 06, 2020
WASHINGTON, May 6 -- Sen. Robert Menendez, D-New Jersey, issued the following news release:
U.S. Senator Bob Menendez, a senior member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, joined a group of colleagues in sending a letter to Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger urging her to immediately halt work on the Payday Rule. The Senators cited press reports that extensively detail improper interference and manipulation of the rul . . .
U.S. Senator Bob Menendez, a senior member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, joined a group of colleagues in sending a letter to Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger urging her to immediately halt work on the Payday Rule. The Senators cited press reports that extensively detail improper interference and manipulation of the rul . . .