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OCC will not petition to stay arbitration rule
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Legislation
Wednesday, August 2, 2017
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Acting Comptroller of the Currency Keith Noreika said he will not petition to stay the effectiveness of the Consumer Financial Protection Bureau’s arbitration rule because OCC economists have not had sufficient time to review applicable data compiled by the bureau. He noted he supports efforts in Congress to repeal the rule via the Congressional Review Act. Read on to learn more.
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