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The U.S. Consumer Financial Protection Bureau has adopted a more relaxed approach to company inspections under the Trump administration, amid pressure on staff to avoid aggressive oversight.

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The U.S. Consumer Financial Protection Bureau has adopted a more relaxed approach to company inspections under the Trump administration, amid pressure on staff to avoid aggressive oversight.

The U.S. Consumer Financial Protection Bureau has adopted a more relaxed approach to company inspections under the Trump administration, amid pressure on staff to avoid aggressive oversight.

More than half of the spring tests received expedited reviews, while testers faced warnings about being too aggressive and threats to their jobs.

About 70 companies were singled out for scrutiny this year - about half the usual number - raising concerns that serious breaches of consumer protection may receive less scrutiny.

Source: Reuters