During Holiday Season, Brown, Warnock, Fetterman Urge CFPB to Ensure Consumers Do Not Struggle with 'Buy Now, Pay Later' Debt
December 18, 2023
December 18, 2023
WASHINGTON, Dec. 18 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
WASHINGTON, D.C. - Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, Raphael Warnock (D-GA), and John Fetterman (D-PA) urged Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to monitor the risks posed by "buy now, pay later" (BNPL) products which let consumers pay off certain purchases over several weeks. I . . .
WASHINGTON, D.C. - Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, Raphael Warnock (D-GA), and John Fetterman (D-PA) urged Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to monitor the risks posed by "buy now, pay later" (BNPL) products which let consumers pay off certain purchases over several weeks. I . . .