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With Trump Sidelining CFPB, Warren Launches Probe Into the Auto Lending Industry as Car Repossessions Skyrocket
February 06, 2026
WASHINGTON, Feb. 6 -- Sen. Elizabeth Warren, D-Massachusetts, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on Feb. 5, 2026:

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With Trump Sidelining CFPB, Warren Launches Probe into the Auto Lending Industry as Car Repossessions Skyrocket

Auto repossessions at a level not seen since the 2008 financial crisis

"The rates of delinquencies and repossessions in the auto market i . . .

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