Ross Handler

Perkins Coie

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The Slow Death of the CFPB Open Banking Rule?

On May 30, 2025, the Consumer Financial Protection Bureau (CFPB) stated in a court filing that its “Open Banking Rule” (Rule) issued during the Biden administration “is unlawful and should be set aside.” This shift is part of...more

6/30/2025  /  Administrative Procedure Act , Banks , Biden Administration , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Financial Regulatory Reform , Open Banking , Regulatory Reform , Statutory Interpretation , Trump Administration

N.Y. Governor Proposes Measures To Ensure Fairness in “Buy Now Pay Later” Services

On January 2, New York Governor Kathy Hochul announced a proposal to establish regulations for the “Buy Now Pay Later” (BNPL) loan industry. Gov. Hochul announced that she will propose legislation to require BNPL providers...more

1/29/2024  /  Buy Now Pay Later (BNPL) , Comptroller , Consumer Financial Products , Disclosure , Financial Regulatory Reform , Financial Services Industry , New Legislation , New York , Regulatory Agenda , State and Local Government
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