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States urge CFPB to protect military servicemembers from financial exploitation

( October 23, 2018, 16:16 GMT | Official Statement) -- MLex Summary: New York Attorney General Barbara D. Underwood has joined a bipartisan coalition of 33 attorneys general calling on the US Consumer Financial Protection Bureau and Acting Director Mick Mulvaney to continue protecting military servicemembers against predatory lenders under the Military Lending Act. The attorneys general urge the CFPB to reconsider its reported decision to stop examining lenders to ensure they are complying with the MLA.Statement follows in full. ...

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