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ABA Statement on CFPB's Section 1071 Final Rule
April 30, 2026
WASHINGTON, April 30 [Category: Financial Services] -- The American Bankers Association posted the following news release:

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ABA Statement on CFPB's Section 1071 Final Rule

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"We applaud the CFPB for finalizing a streamlined Section 1071 rule that addresses significant legal and operational concerns from the prior rule while providing clearer, more workable requirements for banks. This final 1071 rule appropriately refocuses on co . . .

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