The CFPB has asserted publicly so it has authority to regulate tribal payday lending.

The CFPB has asserted publicly so it has authority to regulate tribal payday lending. Article X associated with Act created the customer Financial Protection Bureau with plenary supervisory, enforcement and rulemaking authority with regards to payday lenders. The Act will not distinguish between tribal and non-tribal loan providers. TLEs, which will make loans to customers, … Continue reading The CFPB has asserted publicly so it has authority to regulate tribal payday lending.