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Mortgage, buy-now, pay-later firms to address US consumer watchdog panel 
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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, Townstone and PublicSquare did

not immediately respond to requests for comment.

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