CFPB to Study Discrimination in Small Business Lending Market

July 19, 2021, 4:41 PM UTC

The Consumer Financial Protection Bureau has until the end of September to release a long-awaited proposal for studying potential discrimination in small-business lending markets.

The Sept. 30 deadline, ordered July 16 by Judge Jeffrey S. Wright of the U.S. District Court for the Northern District of California, follows a a February settlement between the CFPB and consumer groups over the stalled study, mandated by the 2010 Dodd-Frank Act.

The parties agreed ...

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