American Banker: ‘Not a political issue’: Compensation stalls amid CFPB turmoil

Here, by Kyle Campbell. Here’s a quote:

CFPB staffers have stopped signing off on redress plans from banks under consent orders, according to a CFPB examiner who is on administrative leave and asked to remain anonymous for fear of retaliation. Because of this, even banks that want to remunerate customers are unable to do so.

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