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CFPB Plans To Dust Off 'Dormant' Nonbank Oversight Powers

By Jon Hill ( April 25, 2022, 10:05 PM EDT) -- The Consumer Financial Protection Bureau said Monday it will make more use of its "dormant" authority to conduct supervisory examinations of nonbank companies it believes pose risks to consumers, signaling plans to expand its oversight of firms in the burgeoning fintech sector....

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