CFPB Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse

AILA Members and Friends:

You may find the link below interesting.  The CFPB has announced proposed rulemaking to address reported harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse. The Bureau is issuing this advance notice of proposed rulemaking to gather additional public input on potential amendments to the regulation—Regulation V—that implements the Fair Credit Reporting Act (FCRA).

CFPB Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse | Consumer Financial Protection Bureau

In my judgment, this effort will be one of many that will not survive a change in Administration after January 20th.

Maury

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