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CFPB Should Beat Suit Over Small Biz Loan Rule, Judge Says

By Katryna Perera ( February 18, 2025, 10:28 PM EST) -- A Florida federal magistrate judge has recommended rejecting a trade group's challenge to the Consumer Financial Protection Bureau's small business lending data rule, finding that merchant cash advances are lawfully included within the scope of the rule, as the agency faces uncertainty under the Trump administration....

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