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Controversial rule would increase interest rates to create lawsuits, OCC head tells CFPB

John O'Brien Oct. 19, 2017, 8:14am

WASHINGTON (Legal Newsline) – A battle of opinions has broken out between the heads of two regulatory bodies, with the Comptroller of the Currency criticizing a controversial rule that he says will increase costs in the financial services industry for the sake of creating lawsuits.