ABA: CFPB Actions on Credit Cards Once Again Put Politics Over Policy
December 19, 2024
December 19, 2024
WASHINGTON, Dec. 19 (TNSres) -- The American Bankers Association issued the following statement on Dec. 18, 2024, by President and CEO Rob Nichols:
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"Today's misleading press release is just the latest example of Director Chopra's CFPB choosing to put politics over policy to the detriment of the consumers it is charged with protecting. Despite widespread evidence that credit card rewards programs are highly popular and deliver tremendous value to tens of milli . . .
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"Today's misleading press release is just the latest example of Director Chopra's CFPB choosing to put politics over policy to the detriment of the consumers it is charged with protecting. Despite widespread evidence that credit card rewards programs are highly popular and deliver tremendous value to tens of milli . . .