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‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 4 hours agoThe decision was widely expected on the basis of oral argument. But the judgement matters. In...
Connecticut AG Adds Independent Enforcement Authority for Dodd-Frank Actions | JD Supra
JD Supra· 1 day agoCongress passed the Act in the wake of the 2008 financial crisis. Among other things, the Act restricts banks’ ability to trade with their own funds (i.e., the Volcker Rule), increases government ...
Terry Savage: Deadline for applications for student loan forgiveness extended
Chicago Tribune· 2 days agoConsumers just got some good news about a student loan forgiveness extension and about protections...
Supreme Court Upholds CFPB Funding Structure
National Mortgage Professional· 7 days agoA ruling in favor of the challenge could have called into question every regulation and enforcement action that the CFPB has taken since its inception 13...
Supreme Court Finds CFPB Funding Constitutional
The National Law Review· 7 days agoAuthored by Justice Clarence Thomas, the decision finds that theDodd–Frank Act's funding scheme for the CFPA complies with the US Constitution's...
Democrats cheer after Supreme Court rejects challenge to consumer bureau
The Hill via Yahoo Finance· 7 days agoDemocrats and financial industry critics celebrated Wednesday after the Supreme Court rejected a...
Consumer Finance Stocks Fall as Supreme Court Rules in Favor of CFPB
Barrons.com· 7 days agoThe CFSA had argued that the way the regulator is funded is unconstitutional. The Supreme Court’s...
SCOTUS Opines in Favor of CFPB on Constitutionality of Funding | JD Supra
JD Supra· 3 days agoSCOTUS' 7-2 majority upholds the CFPB's funding structure mandated under the Dodd-Frank Wall Street Reform ...
Supreme Court rebuffs challenge to consumer protection agency
NBC News via Yahoo News· 7 days agoThe Supreme Court rejected a business-backed challenge that could have scuttled the federal agency...
Warren celebrates CFPB win at Supreme Court, warns of more challenges
The Hill via Yahoo News· 7 days agoSen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP...