Consumer watchdog’s proposed digital payments rule creates ‘regulatory uncertainty’: McHenry

Consumer watchdog’s proposed digital payments rule creates ‘regulatory uncertainty’: McHenry

Upworthy

Published

House Financial Services Committee Chair Patrick McHenry, R-NC, Rep. Mike Flood, R-NE, and Rep. French Hill, R-AR want the Consumer Financial Protection Bureau to reopen the comment period on a proposed rule. The lawmakers are concerned that the rule, dubbed “Defining Larger Participants of a…

#patrickmchenry #mikeflood #frenchhill #bureau #treasury #wallyadeyemo #cfpb #hill #mchenry #flood

Full Article