ATTORNEY GENERAL TONG SEEKS BANKING CONSUMER PROTECTION REFORMS
(Hartford, CT) – Attorney General William Tong submitted testimony and will testify today before the Banking Committee in support of expanded authority to investigate and bring civil enforcement actions regarding bank consumer financial protection failures. Attorney General Tong will testify remotely at the Banking Committee hearing taking place at 11 a.m. today, February 27 in Room 1B of the Legislative Office Building. The legislation would empower the Office of the Attorney General to enforce critical provisions of the federal Consumer Financial Protection Act of 2010 (CFPA), also known as title X of the Dodd-Frank Wall Street Reform Act. The bill would authorize the Attorney General to conduct investigations of alleged deceptive and anti-consumer practices. Federal authorities and other state attorneys general have…
