On January 10, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule that would expand the Bureau’s consumer protection authority under the Electronic Fund Transfer Act (EFTA) and...more
1/30/2025
/ Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Electronic Fund Transfer Act ,
Financial Institutions ,
FinTech ,
Interpretive Rule ,
Proposed Rules ,
Regulation E ,
Stablecoins
On January 14, 2025, the Consumer Financial Protection Bureau (CFPB) issued a report titled Strengthening State-Level Consumer Protections (the Report) as the agency prepares for the change in presidential administrations. ...more
In her State of the State address earlier this month, New York Governor Kathy Hochul proposed a significant expansion of New York’s consumer protection laws....more
1/25/2024
/ B2B Transactions ,
Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Protection Laws ,
Financial Services Industry ,
NYDFS ,
PHH Corp. v CFPB ,
Real Estate Transactions ,
Regulatory Authority ,
UDAP ,
Unfair or Deceptive Trade Practices
The Biden Administration announced a crackdown on “junk fees” on October 26, led by the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC), with the goal of “saving Americans, collectively,...more
On March 16, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) announced a significant expansion of its “anti-discrimination efforts to combat discriminatory practices across the board in consumer finance.” Under...more
3/24/2022
/ Anti-Discrimination Policies ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Credit Discrimination ,
Dodd-Frank ,
ECOA ,
Examination Manual ,
Fair Housing Act (FHA) ,
Financial Services Industry ,
HMDA ,
UDAAP