Consumers Win: New Rule Expands State Power to Protect Consumers

CFPB rule means states can aggressively pursue bad actors

Andy Spears
2 min readMay 26, 2022

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Photo by Tingey Injury Law Firm on Unsplash

A new rule generated by the Consumer Financial Protection Bureau (CFPB) expands state authority to use the federal Consumer Financial Protection Act of 2010 to protect consumers by prosecuting bad actors.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .