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Elizabeth Warren forges alliance between CFPB, regulators

A team of Treasury Department officials building the Consumer Financial Protection Bureau signed a "memorandum of understanding" Tuesday pledging that the bureau, state and federal regulators will cooperate in the supervision of financial products.
The CFPB, which was originated under Dodd-Frank, will launch in July and become the de facto supervisor of the mortgage industry. Officials [...] Elizabeth Warren forges alliance between CFPB, regulators
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