The Consumer Financial Protection Bureau will increase its efforts in 2017 to prevent credit discrimination and improve credit access, according to a blog post published on the CFPB website today. Specifically, the bureau will investigate “redlining” issues to determine whether lenders have intentionally avoided lending in minority neighborhoods. It will also evaluate whether women and minorities experience discrimination when applying for credit, or experience greater difficulty when attempting to work out payment arrangements with servicers for student loans or home mortgages.
Reports: Sen. Marshall to drop credit card routing mandate amendment to crypto bill
Sen. Roger Marshall (R-Kan.) no longer plans to offer an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency regulation, Politico and Punchbowl News reported.









