The Consumer Financial Protection Bureau on Thursday dropped a suit in Kansas federal court against four payday lenders, the latest signal the Trump-appointed interim director of the agency is shifting enforcement priorities.
CFPB enforcement attorneys in other cases have requested deadline extensions. Separately, the bureau’s enforcers, in talks with defense lawyers, are proposing agreements that would temporarily stop the running of the statute of limitations on certain allegations, giving the agency more time to make decisions about how to proceed.
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