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US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources say

Source: reuters.com

Regulation & Legislation
US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources say

US Consumer Financial Protection Bureau examiners gave most companies inspected earlier this year a largely clean bill of health, according to three people familiar with the matter. The light-touch approach marked a departure from the watchdog’s past practices; the article provides no company-specific findings or market reaction.

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