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American Banker
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CFPB shifts enforcement to states, stops nonbank oversight | American Banker
https://www.americanbanker.com/news/cfpb-shifts-enforcement-to-states-stops-nonbank-oversight
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politics and policy
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consumer banking
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An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the states and cease oversight of all nonbanks and Big Tech firms.