As Trump Administration Moves To Void Settlement With Small Business, Documents Shed Light on Kafkaesque Nightmare to Which it Was Subjected

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In November 2024, the Biden administration’s Consumer Financial Protection Bureau (CFPB) fined Townstone Financial, a small mortgage company in Chicago, Ill., $105,000 for statements the company’s owner had made about crime in the city. The police “are the only ones between that [area] turning into a real war zone and keeping it kind of where it’s at,” Barry Sturner said in 2016.

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