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CFPB and NLRB Agree to Share Information to Prevent Employer Financial Abuses

  • The CFPB and the National Labor Relations Board have entered a Memorandum of Understanding (MOU) in order to more effectively address areas of concern to both agencies, including employer surveillance and employer-driven debt.
  • The MOU creates a framework for the two agencies to share non-public information while ensuring the appropriate confidentiality safeguards are established and maintained.

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