WASHINGTON–(ENEWSPF)–January 4, 2011. The Consumer Financial Protection Bureau (CFPB) implementation team currently housed within the US Department of the Treasury and the Conference of State Bank Supervisors (CSBS) today signed a memorandum of understanding (MOU) to establish a foundation of state and federal coordination and cooperation for supervision of providers of consumer financial products and services.
Specifically, state regulators and the CFPB will endeavor to promote consistent examination procedures and effective enforcement of state and federal…
