Senate passes Kennedy resolution to reverse Biden CFPB rule requiring banks to collect race, ethnicity, sex data

Press Release

Date: Oct. 18, 2023
Location: Washington

"Small business owners are already suffering too much under Pres. Biden's inflation, and the CFPB's rule only further burdens them and puts their personal data at risk. The House should move quickly to pass this resolution so that lenders can continue to support small businesses and avoid unnecessary compliance costs."


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