Timmons and Senator Scott Urge CFPB to Reconsider Rule Harming South Carolina Farmers
Congressman William Timmons (SC-04) and Senator Tim Scott (R-SC) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra regarding a new data collection rule that would place undue burden on South Carolina small business owners, farmers, and lenders. “We feel that the CFPB has failed to take the appropriate steps to engage with these institutions on this…