CFPB, DOJ withdraw Biden-era opinion on immigrants and credit

CFPB, DOJ withdraw Biden-era opinion on immigrants and credit

Bloomberg News Processing Content Key Insight: The CFPB and DOJ said they withdrew the 2023 guidance to correct the misimpression that ECOA imposed limits on considering immigration or citizenship status in a credit application.  What’s at Stake: The move is part of the Trump administration’s effort to restore alignment with established federal civil rights law […]

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