Politics Feb 03

Mick Mulvaney, the acting director of the U.S. Consumer Financial Protection Bureau (CFPB), speaks on November 27, 2017. The CFPB announced Wednesday that it plans to get rid of most of its consumer protections governing payday lenders. Joshua Roberts/Reuters
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How will CFPB enforcement changes affect consumers?

The Consumer Financial Protection Bureau is charged with making sure financial institutions treat consumers fairly. But the Trump administration this week stripped the federal agency's enforcement power that allowed it to pursue cases of lending discrimination. Renae Merle, a reporter…