NAFCU seeks CU input on CFPB rulemaking processes
NAFCU is seeking input from credit unions on the CFPB’s rulemaking processes, which is part of the bureau’s series of requests to obtain public feedback on how to improve its functions and the outcomes for consumers and entities it regulates.
The CFPB issued the request for information (RFI) on its rulemaking processes earlier this month. NAFCU, in a Regulatory Alert sent to member credit unions yesterday, would like input on:
- how the CFPB should modify mechanisms it currently uses to gather information, data and feedback from stakeholders in the initial stages of rulemaking;
continue reading »
