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Supreme Court To Enter Into Judgment Upholding CFPB Rule
National Mortgage Professional· 2 days agoA long-awaited regulation protecting consumers from loan sharks will likely be put in place early...
New Zealand Probes Lack of Banking Competition
PYMNTS.com· 7 days agoNew Zealand is reportedly examining competition in the banking sector. As Reuters reported Wednesday (June 12), the decision to investigate the industry...
AI Regulation: Global AI Landscape in Flux as Regulations Evolve
PYMNTS.com· 7 days agoThe global artificial intelligence (AI) landscape is undergoing significant shifts as regulators...
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 into effect on March ...
U.S. Senator Elizabeth Warren Hits Republican Defense of Junk Fees, Applauds Biden Administration...
Sierra Sun Times· 2 days agoWarren: “Republicans are in bed with big business to rip off families and to protect corporate bottom lines (while) Director Chopra and President Biden are cracking down on junk fees so that ...
CFPB Awkwardly Finalizes a Portion of Its Personal Financial Data Rights Rule | JD Supra
JD Supra· 5 days agoAs we discussed in the fall over a series of articles (Part 1, Part 2, Part 3, and Part 4) and reported on further in January, the Consumer Financial Protection Bureau (“CFPB”) is on a mission ...
CFPB Proposed Rule Banning Reporting of Medical Debt | JD Supra
JD Supra· 6 days agoOn June 11, the Consumer Financial Protection Bureau (CFPB or Bureau) released a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), concerning medical ...
Director Rohit Chopra continues to dismiss arguments that the CFPB is unlawfully funded out of...
JD Supra· 2 days 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 ...