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GAO gives CFPB passing grade on SBREFA
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Asked by two senators to assess how well the Consumer Financial Protection Bureau is working with small businesses on proposed rulemakings, the Government Accountability Office said the bureau is doing a decent job of fulfilling its statutory requirements, but could stand to make some improvements to the process. Here’s where small businesses think the CFPB falls short when it comes to ensuring its rulemakings are fair and reasonable.
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