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6 Oct 2023, 4:30 am by Eric Segall
CFPB, the Court held that Congress violated the Constitution when it created the structure of the important Consumer Protection Financial Bureau after the 2007 economic crisis. [read post]
5 Oct 2023, 2:06 am by Tom Spann, Brightside
In particular, the Consumer Financial Protection Bureau says low-income renters have seen credit card debt rise much faster than inflation, starting in mid 2021. [read post]
4 Oct 2023, 12:46 pm by Brett Natarelli
On October 3, the second morning of its new term, the Supreme Court of the United States (SCOTUS) heard oral arguments in the case of Consumer Financial Protection Bureau v. [read post]
4 Oct 2023, 12:31 pm by amir@fullmanfirm.com
According to a report by the Consumer Financial Protection Bureau, medical debt is the largest source of debt collection activity in the United States. [read post]
Consumer Financial Protection Bureau, a case we have been following closely on Consumer Finance Monitor because of its profound potential implications for the future of the CFPB. [read post]
4 Oct 2023, 6:08 am by Jonathan H. Adler
[The Solicitor General rejects an academic argument offered in defense of the Consumer Financial Protection Bureau.] [read post]
3 Oct 2023, 3:50 pm by CAFE
 In the full episode, Preet, Joyce, and Dahlia discuss other developments at the High Court:– The real-life impact of a case that could do away with the Consumer Financial Protection Bureau (CFPB), effectively undoing post-2008 regulatory reforms;– Justice Thomas’s decision to recuse himself in a case involving Trump’s lawyer John Eastman; and – An apparent split between the conservative justices. [read post]
3 Oct 2023, 2:33 pm by Amy Howe
ShareThe justices were divided at oral argument on Tuesday in a challenge to the constitutionality of Congress’s decision to provide funding for the Consumer Financial Protection Bureau through the Federal Reserve, rather than the normal annual appropriations process. [read post]
3 Oct 2023, 11:31 am by Associated Press
The post Supreme Court seems likely to side with Consumer Financial Protection Bureau appeared first on Maryland Daily Record. [read post]
3 Oct 2023, 2:10 am by Tammy Binford, Contributing Editor
The federal Consumer Financial Protection Bureau (CFPB) has weighed in on the issue over the last few years indicating that a “covered EWA program” doesn’t constitute an extension of credit and as a result isn’t subject to regulations applying to extensions of credit. [read post]
2 Oct 2023, 5:40 am by Fox Rothschild LLP and Odia Kagan
The Consumer Financial Protection Bureau recently issued guidance about the legal requirements that lenders must adhere to when using artificial intelligence and other complex models. [read post]
2 Oct 2023, 4:00 am by Michael C. Dorf
Judges and Justices are paid during a government shutdown, so the issue of whether a delay in payment counts as a diminution of their compensation has not previously arisen and is unlikely to arise.The fact that the federal courts are funded through fees that do not depend on annual budget laws--partly so in normal times and entirely so during a long government shutdown--should be more than a little bit embarrassing for the respondents in a case that will be argued tomorrow: Consumer… [read post]
2 Oct 2023, 4:00 am by Jayson B. Lewis
More notably, in April 2023, the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), the DOJ’s Civil Rights Division, and the EEOC issued a joint statement noting that existing laws apply to the use of AI-related technologies and affirming that each agency/department will use its existing statutory authority to protect against unlawful discrimination in AI systems. [read post]
30 Sep 2023, 7:07 pm by Howard Bashman
“Supreme Court to hear arguments on funding for financial protection agency; Case on Consumer Financial Protection Bureau could shape congressional power to fund agencies outside of normal appropriations”: Michael Macagnone of Roll Call has this report. [read post]
29 Sep 2023, 1:04 pm by Amy Howe
Perhaps the highest-profile case of the October argument session, Consumer Financial Protection Bureau v. [read post]
28 Sep 2023, 9:02 pm by Josephine A. Phillips
The Consumer Financial Protection Bureau began a rulemaking process to remove medical bills from credit reports. [read post]
28 Sep 2023, 7:21 pm by Sabrina I. Pacifici
“The Office of Inspector General for the Federal Reserve System and the Consumer Financial Protection Bureau (CFPB) released Evaluation Report 2023-SR-B-013, Material Loss Review of Silicon Valley Bank, September 25, 2023, a review of the Federal Reserve Board’s supervision of Silicon Valley Bank. [read post]
28 Sep 2023, 1:15 pm by Geoff Schweller
In March, Senator Catherine Cortez Masto (D-NV) introduced a bill that would set up such a program at the Consumer Financial Protection Bureau (CFPB). [read post]