FTC Votes To Reauthorize MOU With CFPB
FTC commissioners voted unanimously Thursday to reauthorize an ongoing memorandum of understanding between the agency and the Consumer Financial Protection Bureau, the commission said in a news release. The memo “outlines the working relationship between the two agencies under the…
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terms of the Consumer Financial Protection Act,” the FTC said. Reauthorization of the memo for another three years is “designed to coordinate efforts to protect consumers and avoid duplication of federal law enforcement and regulatory efforts,” the FTC said.