U.S. Senate votes to kill consumer bureau auto-lending restrictions

The Consumer Financial Protection Bureau had sought to eliminate dealer markups over concerns that black and Latino customers were often charged higher rates than whites with identical credit profiles, citing several analyses — including their own — of auto loan data.   Zachary Warmbrodt reports for Politico.

https://www.politico.com/story/2018/04/18/senate-votes-to-kill-consumer-bureau-auto-lending-restrictions-492328