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Yet another BNPL outfit bites the dust: Laybuy collapses
Retail Banker International via Yahoo Finance· 2 hours agoSpecifically, the CFPB ruled that BNPL users merit the kind of consumer protection enjoyed by credit...
CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt | JD Supra
JD Supra· 17 hours agoOn June 11, the CFPB announced a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act, to alter the treatment of medical ...
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
The CFPB’s next funding fight
Politico· 6 days agoBut Republicans aren’t giving up the fight against an agency they have...
CFPB Proposes Rule Removing Medical Bills From Credit Reports | JD Supra
JD Supra· 17 hours agoThe CFPB kicked off the rulemaking in September 2023, and the proposal comes on the heels of several state laws prohibiting inclusion of medical debt information ...
...Need to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is...
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 ...
Director Rohit Chopra continues to dismiss arguments that the CFPB is unlawfully funded out of...
JD Supra· 17 hours agoOn June 13, 2024, CFPB Director Rohit Chopra appeared before the House Financial Services Committee for a hearing, “The Semi-Annual Report of the Bureau of Consumer Financial Protection.” As ...
Opinion: The credit reporting system shouldn’t punish Americans for getting sick
CNN via AOL· 11 hours agoThe research is clear: Medical debt is a poor signal of whether someone will pay a debt. After the ...
CFPB Forms Repeat Offender Unit | JD Supra
JD Supra· 5 days agoAs we recently reported, the CFPB issued its final rule, titled the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final ...
A reply to Professor Sovern’s arguments as to why the Fed, notwithstanding its losses, can still...
JD Supra· 7 days agoAlthough neither the CFPB, the Federal Reserve Board, nor the Treasury has responded to Professor Emeritus Hal Scott’s op-ed on May 20 in the Wall Street ...