The Bill would generally exempt insured depository institutions and credit unions with assets of less than $50 billion from new regulations issued by the CFPB. The CFPB would have to satisfy difficult standards to avoid the exemption.
The Bill would generally exempt insured depository institutions and credit unions with assets of less than $50 billion from new regulations issued by the CFPB. The CFPB would have to satisfy difficult standards to avoid the exemption.