Washington, D.C. —(ENEWSPF)–November 13, 2014. Today, the Consumer Financial Protection Bureau, or CFPB, announced new proposed rules for prepaid debit cards. Joe Valenti, Director of Asset Building at the Center for American Progress, issued the following statement:
The CFPB has put forth a strong proposed rule to bring more safety, transparency, and accountability to the prepaid market. This rule, if finalized, will give consumers new tools to easily compare prepaid cards before buying to…
