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Discover warns of potential CFPB enforcement action
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Consumer Protection
Monday, January 30, 2012
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The Consumer Financial Protection Bureau is taking aim at one of the nation's largest credit card issuers. Discover Financial Services revealed in a recent Securities and Exchange Commission filing that it was notified of a threatened enforcement action brought by the Federal Deposit Insurance Corp. and the CFPB. Read on to learn how the CFPB could impact Discover's future operations.
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