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Department of Business Oversight Rebranded given that Department of Financial Protection and Innovation

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Capfornia lawmakers have actually delivered a few bills to Gov. Gavin Newsom that could manage discrete aspects of the monetary solutions industry, including education loan servicing, commercial collection agency and housing. Their state additionally took a major step toward consopdating oversight authority over customer lending options and solutions within the Department of company Oversight, which may additionally be renamed the Department of Financial Protection and Innovation. Gov. Newsom will signal or veto legislation by Sept. 30, 2020. Okumaya devam et