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Missouri Federal Lawmakers Ask CFPB to Delay, Study Remittances Regulation

Aug
20
Missouri Federal Lawmakers Ask CFPB to Delay, Study Remittances Regulation

Missouri Federal Lawmakers Ask CFPB to Delay and Study Remittances Regulation

Four Missouri members of the U.S. Congress signed a letter encouraging the Consumer Financial Protection Bureau (CFPB) to delay and study the impact of its proposed remittances regulation, Section 1073 of the Dodd-Frank Act.  There is concern that the final rules as written will drastically curtail the availability of international transfers to consumers.

Posted By Amy McLard read more
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