Disparate Impact 2.0

CFPB Accused of Using ‘Junk Science’ to Regulate Auto Lending

House Action on Disparate Impact Not Affecting CFPB; Remains Dealer Concern

CRYSTAL LAKE, Ill. – Contrary to news reports, the U.S. House of Representatives’ vote to eliminate the Department of Justice’s use of disparate impact does not negate the Consumer Financial Protection Bureau’s (CFPB) use of the legal theory in auto finance cases even if the bill passes the Senate and is not vetoed by the ... Read More »

7 Financial Organizations Back Disparate Impact Amendment