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Covid, payday loans, student debt — here are the issues Biden’s consumer bureau may tackle



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The headquarters of the Consumer Financial Protection Bureau in Washington, D.C.JHVEPhoto | iStock Editorial | Getty ImagesThe Consumer Financial Protection Bureau is expected to become a more aggressive consumer watchdog under the Biden administration and while the coronavirus pandemic hurls financial challenges at millions of Americans. Consumer advocates say the bureau was almost entirely declawed under former president Donald Trump, and during his tenure enforcement action steeply declined. The agency was created in 2010 after the previous economic downturn to protect people from predatory lenders.Now, it’s anticipated that the CFPB will more aggressively investigate consumer complaints and take action against …

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