The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale, the servicing of motor vehicles, the leasing and servicing of motor vehicles and both.
Barney Frank discusses limitations on the CFPB's authority over auto dealers.
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Protection and advocacy Agencies, which are Federally funded entities charged with enforcing the rights of persons with disabilities.
We should have made it much higher, $125 billion or more, and we should have indexed it.
I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
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