When the Consumer Financial Protection Bureau (CFPB) was created in 2010, nobody expected it to play nice with the financial services industry. Authorized as part of the Dodd-Frank legislation, the CFPB was tasked with protecting consumers from predatory lending and other Wall Street abuses that spawned the Great Recession. From the very start, the financial… Continue reading Consumer Financial Protection Bureau’s Proposed Prepaid Card Regulatory Changes Inspires Industry Response