States ask CFPB to keep complaints database public

 

Source: Lydia Beyoud, Bloomberg

Fourteen Democratic state attorneys general are asking the CFPB to keep its consumer complaint database open to the public.

State law enforcers risk losing a valuable tool to help “identify patterns of widespread misconduct,” New York Attorney General Barbara D. Underwood and 13 other state AGs said in a June 4 comment letter to the Consumer Financial Protection Bureau.

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