The days of the “more is more” regulatory approach by the Consumer Financial Protection Bureau (CFPB) may be coming to an end.
The CFPB’s new proposed modus operandi?
Keep regulatory rules as simple as possible while encouraging decentralized decision-making, acting CFPB deputy director Brian Johnson said while speaking recently at the George Mason University Law & Economics Center’s Ninth Annual Financial Services Symposium.
Read on for more of Johnson’s remarks.
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