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CFPB Proposes Rule to Transform Credit Reporting Practices on Medical Debt
The National Law Review· 12 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 debts in credit reporting.
A reply to Professor Sovern’s arguments as to why the Fed, notwithstanding its losses, can still...
JD Supra· 4 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 ...
...Need to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is...
JD Supra· 2 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 ...
CFPB to Begin Tracking Offenders through National Registry | JD Supra
JD Supra· 5 days agoThe CFPB has issued a final rule to provide transparency and track certain covered nonbank offenders. On June 3, 2024, the CFPB ...
The CFPB’s next funding fight
Politico· 4 days agoBut Republicans aren’t giving up the fight against an agency they have...
CFPB Forms Repeat Offender Unit | JD Supra
JD Supra· 2 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 ...
CFPB Creates Corporate Nonbank Enforcement Registry | JD Supra
JD Supra· 4 days agoThe centralized repository would assist the CFPB and law enforcement in detecting patterns of misbehavior and recidivism adversely affecting consumers.
CFPB Awkwardly Finalizes a Portion of Its Personal Financial Data Rights Rule | JD Supra
JD Supra· 1 day agoThis is all because the CFPB believes that “dominant firms” maintain their market position in part by holding customer information hostage, and that a rule ...
JD Supra: "OVER THE LINE!" Where Banking and Gaming Intersect, the CFPB Has Something to Say.
JD Supra· 7 days agoIn some circumstances, virtual currency can be used for real-world transactions, such as wagering skins or virtual currency or cashing out and receiving real money. According to the Consumer ...
CFPB finalizes standards setting body component of open banking rule | JD Supra
JD Supra· 3 days agoOn June 5, the CFPB announced it finalized in part its proposed Personal Financial Data Rights rule, thus establishing the minimum qualifications necessary ...