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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
PYMNTS.com· 7 days agoBanking Committee that companies including PayPal and JPMorgan are monetizing customers’ financial...
...Need to Know About the U.S. Supreme Court Ruling That the CFPB’s Funding Mechanism is...
JD Supra· 6 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 Part I, we first discuss ...
Banks Should Continue to Prep for CFPB Data Rule Rollout | JD Supra
JD Supra· 5 days agoCompanies that fall within the definition of “data provider” are expected by this fall to be required to comply with the Consumer Financial Protection Bureau’s proposed rule implementing Section ...
CFPB Announces “Payday Loan” Rule to Take Effect Next Year | JD Supra
JD Supra· 2 days agoLast week, the Consumer Financial Protection Bureau (CFPB) announced that its so-called “Payday, Vehicle Title and Certain High-Cost Installment Loans” rule (Rule) will go ...
Lawsuit over US credit card late fees rule must stay in Texas, court rules
Reuters via Yahoo Finance· 16 hours ago(Reuters) -The U.S. Consumer Financial Protection Bureau on Tuesday suffered a jurisdictional...
JD Supra: Texas federal district court enters preliminary injunction staying CFPB final credit card...
JD Supra· 5 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’ preliminary ...
Medical Debt May Be Removed From Credit Reports
Time via AOL· 7 days agoWhile lenders have been restricted from obtaining or using medical information in their credit decisions under the Fair and Accurate Credit Transactions...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via Yahoo Finance· 4 days agoThat’s the highest level recorded since the Federal Reserve began collecting data in 1994, the CFPB...
JD Supra: Supreme Court Upholds CFPB Funding Mechanism as Constitutional, Quelling Uncertainty and...
JD Supra· 3 days agoIn a long-awaited decision with profound implications for the future of the agency, the Supreme Court held 7-2 today that the Consumer Financial Protection Bureau (CFPB) is ...
Chopra raises alarm on ‘financial surveillance’ at Senate hearing
Banking Dive via Yahoo Finance· 6 days ago“Plans to monetize sensitive financial transaction data are a reminder that the United States is...