the staff of the Ridgewood blog
Washington, D.C. — The Consumer Financial Protection Bureau (CFPB), created to safeguard consumers, is under fire for an October 2024 Biden administration rule that forces banks to share customer financial data with third-party financial technology companies — and to do so for free.
Continue reading CFPB Faces Backlash Over Biden-Era Data Sharing Rule as Trump Eyes Overhaul