Mulvaney-led U.S. CFPB slashes payday lender penalty: sources

WASHINGTON (Reuters) – Mick Mulvaney, head of the U.S. Consumer Financial Protection Bureau, cut in half a fine that his Obama-era predecessor sought against a payday lender and dropped some of the agency’s earlier claims in the case, three people familiar the matter told Reuters.

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Source:: Reuters – Business News

      

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