The Consumer Financial Protection Bureau will unveil sweeping federal regulations Thursday for payday lenders that could open the door for banks to offer short-term, small-dollar loans.

The agency's plan is expected to hew closely to a 57-page outline released last year as part of a small-business review panel. The impact of the proposal will be felt beyond payday and installment lenders, potentially touching a wide range of financial institutions including banks, credit unions and fintech companies.

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