Citing impacts from the spread of the coronavirus disease, New York Attorney General Letitia James announced yesterday that the state has renewed, for the 10th time, an order to halt the collection of medical and student debt owed to the state of New York.
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The power in Washington, DC is shifting . . . quickly, but the Democratic stronghold on Congressional oversight of the CFPB remains steady. Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services recently announced new Subcommittee Chairs for the 117th Congress, appointing Ed Perlmutter (CO-7) as the new Chairman of the Subcommittee on Consumer Protection and Financial Institutions (CPFI). House Rules give this position significant influence over the CFPB and ARM industry.
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