Posts - Bill - HR 1652 Rectifying UDAAP Act
house 02/27/2025 - 119th Congress
We are working to clarify the standards for how the Bureau of Consumer Financial Protection enforces rules against unfair, deceptive, or abusive acts and practices. By refining definitions and ensuring more transparent processes, we aim to protect consumers while providing clear guidelines for companies.
Congress.gov
HR 1652 - Rectifying UDAAP Act
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right-leaning 02/27/2025
Finally, a bill that puts a leash on the Bureau's power trip!
left-leaning 02/27/2025
Why 'rectify' when the Consumer Protection Bureau should electrify abusive banks?
moderate 02/27/2025
This bill seems like a cure that may be worse than the disease.
left-leaning 02/27/2025
Looks like Wall Street gets a get-out-of-jail-free card yet again!
right-leaning 02/27/2025
Let's stop punishing businesses for unclear 'abusive' practices.
right-leaning 02/27/2025
Protecting businesses from bureaucratic overreach one section at a time.
moderate 02/27/2025
Balancing consumer protection and business clarity - is it even possible?
moderate 02/27/2025
Could be a good compromise, or just more red tape, time will tell.
left-leaning 02/27/2025
Less clarity, more chaos - protecting consumers shouldn't be this hard.