financetom
Business
financetom
/
Business
/
Mortgage, buy-now, pay-later firms to address US consumer watchdog panel
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mortgage, buy-now, pay-later firms to address US consumer watchdog panel
Mar 10, 2026 9:43 PM

WASHINGTON, Dec 5 (Reuters) - The U.S. Consumer Financial Protection Bureau will next week convene its expert consumer advisory panel to discuss ending anti-discrimination policies, and a recent proposal to narrow civil-rights-era fair lending regulations, among other recent policy changes, according to an agenda seen by Reuters.

The gathering of its Consumer Advisory Board, which the CFPB is legally required to convene twice a year, follows its proposal at the White House's direction to curtail regulations that seek to prohibit commercial practices that effectively result in discrimination regardless of intent.

The panel comprises outside experts and business people to advise and consult with the agency. The panel will hold those two mandated meetings on Wednesday, the agenda shows.

Current panel members include private-sector and nonprofit advocates for access to housing who have been on the board since before President Donald Trump came to power and overhauled the agency's leadership.

Due to speak at the event are representatives of Chicago mortgage firm Townstone Financial, which settled with the CFPB over allegations of racial discrimination last year, and executives from Credova, a buy-now, pay-later firm specializing in firearms. James Giudice, general counsel at Credova's parent, PublicSquare, a politically connected investment fund, will also speak, according to the agenda.

The Trump administration in August dropped a CFPB investigation into Credova's practices, asserting that it had been politically motivated. A federal court blocked the agency from trying to undo its court-approved settlement with Townstone.

Representatives for the CFPB and PublicSquare did not immediately respond to requests for comment. Through a spokesperson, an attorney for Townstone declined to comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WTW Unveils Document Protection Platform
WTW Unveils Document Protection Platform
Sep 17, 2024
04:32 AM EDT, 09/17/2024 (MT Newswires) -- WTW (WTW) said early Tuesday it introduced a document-protection platform, offering cybersecurity for sharing and storing business-sensitive files, such as Word documents, Excel spreadsheets and Outlook messages. Indigo Vault encryption uses US National Institute for Standards & Technology certified algorithms that cannot be cracked by standard computers and are resistant to Quantum Computer...
Germany's Scholz: Intel committed to German site despite delay
Germany's Scholz: Intel committed to German site despite delay
Sep 17, 2024
BERLIN, Sept 17 (Reuters) - German Chancellor Olaf Scholz said on Tuesday that Intel ( INTC ) is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures. The decision to postpone the project in Germany for two years is a decision that also...
Germany's Scholz: Intel committed to German site despite delay
Germany's Scholz: Intel committed to German site despite delay
Sep 17, 2024
BERLIN (Reuters) - German Chancellor Olaf Scholz said on Tuesday that Intel ( INTC ) is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures. The decision to postpone the project in Germany for two years is a decision that also includes the...
TPG Investor Group to Acquire Dutch Residential Portfolio
TPG Investor Group to Acquire Dutch Residential Portfolio
Sep 17, 2024
04:22 AM EDT, 09/17/2024 (MT Newswires) -- TPG's (TPG) investor group TPG Angelo Gordon and other partners, including Stadium Capital said late Monday that they have agreed to acquire a Dutch residential portfolio from European Residential REIT for about 695 million euros ($773.8 million). The acquisition is expected to close in early 2025. The portfolio includes around 3,000 single-family and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved