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...to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is Constitutional...
JD Supra· 5 days agoOn May 16, 2024, the U.S. Supreme Court ruled that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. In ...
Consumer Reports applauds CFPB’s proposed ban on medical debt on credit reports
Consumer Reports· 7 days agoUnder a new proposed rule announced by the Consumer Financial Protection Bureau (CFPB) today, credit reporting agencies will be prohibited from listing medical debt on consumers’ credit reports ...
Yet another BNPL outfit bites the dust: Laybuy collapses
Retail Banker International via Yahoo Finance· 7 hours agoErin Bryan, one of the US’ top financial experts from international law firm Dorsey & Whitney told...
Will CFPB’s Ban On Medical Debts From Credit Reports Help Patients?
Forbes· 2 days agoBanning medical debts from credit reports will only yield temporary protection for some patients....
The CFPB’s next funding fight
Politico· 7 days ago“I’m quite sure it will get raised at some point in court.” Kaplinsky said the argument stands a better chance of succeeding than the one that the Supreme Court rejected last month when it protected ...
JD Supra: Former CFPB Director Kraninger calls out the CFPB for manipulating data to serve a...
JD Supra· 1 day agoKraninger served as Director of the CFPB from December 2018 to January 2021. In the editorial, Kraninger cited to the data the CFPB relied upon for its credit card late fee rule and the < ...
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
PYMNTS.com· 5 days agoConsumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance...
CFPB proposes to ban medical bills from credit reports
Retail Banker International via Yahoo Finance· 6 days agoThe proposal would stop credit reporting companies from sharing medical debts with lenders. And it...
JD Supra: Texas federal district court enters preliminary injunction staying CFPB final credit card...
JD Supra· 4 days agoLast Friday, May 10, the Texas federal district court hearing the lawsuit challenging the CFPB’s final credit card late fee rule (Rule) granted the plaintiffs ...
Chopra Delivers Testimony to Congress on Semi-Annual Report | JD Supra
JD Supra· 21 hours agoOn June 12, 2024, CFPB Director Chopra appeared before the Senate Banking Committee for a hearing, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” On June 13, 2024 ...