ance, Senate GOP warn Biden admin's directive on giving loans to illegal immigrants could be 'detrimental'
The senators called on the DOJ and CFPB to 'retract' the joint guidance.
Houston Keene By Houston Keene Fox News
Published November 1, 2023 4:00am EDT
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A Republican senator led every Senate Banking Committee Republican in a letter to the Biden administration about a recent joint directive on illegal immigrants being approved for loans.
The letter from Ohio GOP Senator J.D. Vance is a response to an Oct. 12 directive from the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) warning lenders against solely denying lines of credit for mortgages, auto and other loans due to a borrower's immigration status.
Signed by every member of the GOP members of the Senate Banking Committee, the letter to the Attorney General Merrick Garland and CFPB Director Rohit Chopra argues that the joint directive flies in the face of sound lending practices.
https://www.foxnews.com/politics/vance-senate-gop-warn-biden-admin-directive-loans-illegal-immigrants-could-detrimental