Repeal of CFPB rule could still leave car lenders on the hook
“This is an attempt to use the Congressional Review Act in a brand-new way, to target guidances that were not reported as rules when they were issued and therefore, the argument goes, didn’t start their clocks, leaving them still eligible to CRA resolution years later,” said Philip Wallach, a senior fellow of governance at the R Street Institute, a nonpartisan public policy research group.
