California’s ‘Mini-CFPB’ is Back in Play. Banks Aren’t Happy
American Banker, Aug. 14, 2020–Kate Berry (subscription)
A proposal to expand consumer protections in the state was added to a budget bill after being dropped in June. Financial institutions say the measure conflicts with federal law and are working behind the scenes to stop it.
https://www.americanbanker.com/news/californias-mini-cfpb-plan-is-back-in-play-banks-arent-happy