The IPA has been published on Newsweek. Below is an excerpt from the article. We invite you to click over and read the full article.
In recent years, the Consumer Financial Protection Bureau (CFPB) has implemented rules, guidance and advisory opinions on a non-partisan basis. One such example started in 2017 when then-CFPB Director Richard Cordray exempted employer-sponsored Earned Wage Access (EWA) Programs from his 2017 small-dollar credit rule, stating that the rule "excludes from coverage some new 'fintech' innovations, such as certain no-cost advances and programs to advance earned wages."
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