“A Very Dangerous Place for Bankers and Consumers”: CBA’s Hunt on CFPB Leadership Ruling

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Richard Hunt, the head of the Consumer Bankers Association, talks about the impact of a recent Supreme Court decision that said the CFPB’s leadership structure was unconstitutional, and why he fears it will inhibit banks from offering small-dollar loans. He also discusses the OCC’s final CRA reform rule, why there’s a coin shortage in the U.S. and the future of banking and branches after COVID-19.