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Senators Demand Answers Regarding CFPB’s Guidance Targeting Indirect Auto Lenders

by Michael J. Blalock On Wednesday (October 30, 2013), a bipartisan group of twenty-two U.S. Senators—11 Democrats and 11 Republicans—asked the Consumer Financial Protection Bureau (CFPB or Bureau) to provide details concerning the methodology used by the Bureau in issuing its March 21...