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25 Jun 2024, 6:00 am by Scott Shaffer
The Consumer Financial Protection Bureau (“CFPB”) is making it a priority to monitor credit card rewards programs and crack down on unfair or deceptive acts that prevent consumers from obtaining the advertised benefits of these programs. [read post]
24 Jun 2024, 10:37 am by Adam Klasfeld
” However, Cannon appeared troubled by the “limitless” nature of the appropriations, in the wake of the Supreme Court’s recent ruling in Consumer Financial Protection Bureau v. [read post]
23 Jun 2024, 9:01 pm by Vikram David Amar and Jason Mazzone
In the recent case questioning the funding mechanism for, and thus the very existence of, the Consumer Financial Protection Bureau, the Court also rejected the challenge, again with an overwhelming majority, seven Justices, signing on to a lead opinion, written, it bears noting, by arch-conservative Clarence Thomas.Other cases, including the Idaho medical-abortion case, the Trump immunity case, and a potentially significant case contesting SEC authority, remain to… [read post]
21 Jun 2024, 6:00 am by Michelle
CFPB House Hearing: 6 Key TakeawaysPayments Dive – June 18, 2024  Consumer Financial Protection Bureau Director Rohit Chopra answered questions from members of the House Financial Services Committee during a four-hour hearing last Thursday. [read post]
20 Jun 2024, 6:22 am by Barbara S. Mishkin
In Part II, we first discuss the CFPB’s launch of Fair Credit Reporting Act rulemaking, proposed rule to supervise larger payment providers, proposed rule on personal financial data rights, and interpretive rule on buy-now-pay-later. [read post]
19 Jun 2024, 7:56 am by Marcia Coyle
In the recent decision upholding the funding mechanism for the Consumer Financial Protection Bureau, Jackson wrote, “that ‘[w]hen the Constitution's text does not provide a limit to a coordinate branch's power, we should not lightly assume that Article III implicitly directs the judiciary to find one. [read post]
19 Jun 2024, 6:04 am by jeffreynewmanadmin
  In July 2019 the credit agency agreed to pay $575 million — potentially rising to $700 million — in a settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and all 50 U.S. states and territories over the company’s “failure to take reasonable steps to secure its network. [read post]
18 Jun 2024, 9:01 pm by renholding
  In rejecting a constitutional challenge to this funding structure by several trade associations, the Supreme Court held in Consumer Financial Protection Bureau v. [read post]
The Consumer Financial Protection Bureau (CFPB), recently issued a Request for Information (RFI) related to fees charged by providers of mortgages and related settlement services. [read post]
18 Jun 2024, 5:00 am by Josh Blackman
During OT 2023, Prelogar argued these ten cases: October Sitting: Consumer Financial Protection Bureau v. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently finalized its proposed rule to create a so-called “Repeat Offender” registry for certain covered financial services providers and individuals violating federal, state, and local orders to which they are subject. [read post]
17 Jun 2024, 7:27 am by Kristen E. Larson and Alan S. Kaplinsky
On 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. [read post]
17 Jun 2024, 6:30 am by Kristen E. Larson and Alan S. Kaplinsky
” On June 13, 2024, Director Chopra appeared before the House Financial Services Committee for a hearing, “The Semi-Annual Report of the Bureau of Consumer Financial Protection. [read post]
13 Jun 2024, 9:05 pm by Maddy Carter
The Consumer Financial Protection Bureau (CFPB) proposed a rule that would remove past and future medical debt from credit reports to increase credit scores and loan approvals. [read post]
13 Jun 2024, 7:16 pm by Sabrina I. Pacifici
Just this year, Justice Clarence Thomas, one of the court’s most extreme conservatives, penned a majority opinion that completely rejected a ruling by the 5th Circuit that declared the Consumer Financial Protection Bureau unconstitutional. [read post]