Congressional Digest

Supreme Court Debates November 2023 No. 8 Vol. 26
Community Financial Services Association of America, Ltd. et al., Respondents

Consumer Financial Protection Bureau

Government Funding and Congressional Authority

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Community Financial Services Association of America, Ltd. et al., Respondents

In 2017, the Consumer Financial Protection Bureau issued a rule regulating actions by payday lending companies. Companies were prohibited from making loans without first determining if consumers have the ability to satisfy the repayment terms. …

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