Donalds Takes On CFPB With Two-Part Summer Initiative
WASHINGTON – Today, Congressman Byron Donalds (R-FL) announced a two-part legislative initiative to invalidate the Consumer Financial Protection Bureau’s (CFPB) new interpretive guidance on Buy Now Pay Later Loans (BNPLs). The August legislative push includes a House Joint Resolution, and a letter directed to CFPB Director Rohit Chopra. With today’s announcement,…