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prima:Banking sector on alert over suspension of federal consumer protection agency

Puerto Rico Bankers Association monitors changes after Donald Trump’s order halting CFPB investigations and regulations

February 12, 2025 - 11:37 AM

Although ABPR President Zoimé Álvarez Rubio did not express herself in favor or against Trump's new order, she reiterated that the banking sector is overregulated by local and federal agencies. (Xavier Araújo)

The Puerto Rico Bankers Association (ABPR) is alert to the suspension of activities at the Consumer Financial Protection Bureau (CFPB), said Zoimé Álvarez Rubio, president of the ABPR.

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