The CFPB interpretive rule states that the stimulus payments will not be considered “government benefits,” and as such, not subject to the restrictions in the Electronic Fund Transfer Act and Regulation E.
COVID-19 REGULATORY RESPONSE TRACKER
Tracking U.S. Economic and Financial Policy Responses to the Coronavirus Crisis
The CFPB interpretive rule states that the stimulus payments will not be considered “government benefits,” and as such, not subject to the restrictions in the Electronic Fund Transfer Act and Regulation E.
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