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CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May | JD Supra
JD Supra· 2 days agoOn May 13, 2024, the CFPB and Federal Reserve Board ("FRB") jointly announced adjusted dollar amounts relating to the availability of customer funds. In 2019, the
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 6 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 3 | JD Supra
JD Supra· 4 days agoOn May 20, the Consumer Financial Protection Bureau (CFPB) took action against Western Benefits Group for allegedly charging illegal advance fees for student loan debt relief ...
Phantom Debt & BNPL: What New Regulations Mean For Pay Later Industry
Forbes· 2 days agoRecent data from the Federal Reserve Bank of New York reveals a troubling trend in credit card...
Federal rules expanded to protect shoppers who buy now, pay later
CBS News· 4 days agoThe agency, which protects consumers from financial abuse, is taking the step in response to...
FSOC releases report on nonbank mortgage servicing | JD Supra
JD Supra· 4 days agoThe report discussed the sector’s significant market share, strengths and vulnerabilities particularly in financial stress scenarios. The FSOC emphasized the potential for these vulnerabilities ...
Crypto shocker
Politico· 3 days agoKaty O’Donnell, the CFPB says in a new rule that Buy Now, Pay Later companies will be held to the...their product or whether the lender will help them if ...
The U.S. recovery and what’s next
Politico· 6 days agoFirst in MM: A CFPB warning shot — The CFPB is offering backup to Democratic state attorneys general who say national banks are stonewalling their investigations ...
AP Business SummaryBrief at 9:58 p.m. EDT
Bozeman Daily Chronicle· 3 days agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to ...
