WASHINGTON — While some bankers are secretly gleeful the Consumer Financial Protection Bureau does not yet have a director, they are the ones likely to pay a heavy price as a result.

Although the agency will be constrained on July 21 if it does not yet have a Senate-approved leader, those restrictions largely apply to nonbanks, not the banking system. As a result, the CFPB will be free to examine and take action against banks with more than $10 billion of assets, while their nonbank competitors face no extra scrutiny.

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