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Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 2 | JD Supra
JD Supra· 2 days agoOn May 10, the House Financial Services Committee announced that the House Committee on Rules will consider the Financial Innovation and Technology Act for the 21st Century Act (FIT Act), a ...
Lawmakers urge financial regulators to take action on banking discrimination
The Hill via Yahoo Finance· 21 hours agoA group of Democratic lawmakers in the House and Senate are calling on heads of the Treasury...
CFPB’s Funding System Upheld by Supreme Court in Biden Win (1)
Bloomberg Law· 19 hours agoThe US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed the work of the agency set up after the 2008 financial ...
Supreme Court Upholds Consumer Watchdog's Funding
Bloomberg via Yahoo News· 14 hours ago(Bloomberg) -- The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed an...
More than 5,000 CT residents to share $12.5 million following Think Finance payout
The News-Times· 3 days agoMore than 5,150 Connecticut residents will share $12.5 million in compensation years after the...
$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is...
FOX Business· 2 days agoThe National Collegiate Student Loan Trusts (NCSLT) and loan servicer Pennsylvania Higher Education...
Credit card issuers charge new fees, higher interest rates to get around $8 late fee cap
USA TODAY via Yahoo Finance· 5 days agoConsumer advocates, though, see high late fees as one more way to ding consumers with yet another...
CFPB Gives $384 Million to Victims of Think Finance Scheme
PYMNTS.com· 3 days agoEleven years ago, Think Finance was named one of Forbes’ most promising companies. Now, the online...
Have a health savings account? Here's what financial experts say you should know.
Consumer Affairs· 2 days agoAre Health Savings Accounts (HSA) worth their time and investment? The Consumer Financial Protection...
Federal judge halts new U.S. rules limiting credit card late fees
Anchorage Daily News· 6 days agoA federal judge on Friday temporarily blocked the U.S. government from trying to limit credit card...