In its motion for a summary judgment in a lawsuit challenging the regulation, the CFPB stated it has concluded that the Section 1033 Rule (Rule) exceeds the agency’s statutory authority to create an open banking system by—among…
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/ Administrative Law, Consumer Protection, Finance & Banking
A new Maryland law deems certain earned wage access (EWA) services to be loans. It then subjects those EWA services to the Maryland Consumer Loan Law and other consumer credit provisions, restricts the acceptance of tips by…
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/ Commercial Law & Contracts, Consumer Protection, Finance & Banking, Labor & Employment Law
As reported in our April 2025 Alert on March 3, 2025, DC Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants, and Landlords (RENTAL) Act (B26-0164), which includes proposed amendments…
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/ Real Estate - Residential
A federal judge in Texas issued a decision on May 15, 2025, striking down portions of the EEOC’s Enforcement Guidance on protections against employment discrimination based on gender identity and/or sexual orientation. District…
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/ Administrative Law, Civil Rights, Labor & Employment Law
Florida Gov. Ron DeSantis recently signed legislation making it clear that debt collection emails sent between 9 p.m. and 8 a.m. do not violate Florida law…
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/ Communications & Media Law, Consumer Protection, Finance & Banking, Privacy
Alleging that Global Circulation, Inc. (GCI) threatened consumers with jail time, lawsuits, and wage garnishments to pressure them into paying debts they did not owe, the FTC entered into a stipulated order with GCI and its…
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/ Antitrust & Trade Regulation, Business Torts, Consumer Protection, Finance & Banking
A federal district court recently granted the unopposed motion of the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) to terminate their October 2021 consent order with Trustmark National Bank…
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/ Civil Rights, Consumer Protection, Finance & Banking
The 2024 EEO-1 Component 1 data collection window opened on May 20, 2025, and the deadline to file the 2024 EEO-1 Component 1 report is June 24, 2025. Filers should note that the collection window is shorter this year, and that…
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/ Administrative Law, Civil Rights, Government Contracting, Labor & Employment Law
In Scaramellino v. Arencibia Holdco, LLC, Delaware’s Chancery Court recently approved a limited liability company’s narrow production in response to a broad books and records inspection demand, despite the petitioner’s detailed…
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/ Business Organizations, Business Torts, Civil Procedure, Securities Law
The CFPB is planning to repeal its Section 1033 Open Banking Rule, according to a filing in a federal lawsuit challenging the rule. On the same day the Final Rule was issued, the Banking Policy Institute (BPI) and Kentucky…
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/ Administrative Law, Finance & Banking, Consumer Protection
In a move that could have ramifications for lawsuits filed by former FTC and NCUA board members, by a vote of 6-3 the Supreme Court has issued a stay that prohibits the Democratic members of the National Labor Relations Board…
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/ Administrative Law, Constitutional Law, Consumer Protection, Elections & Politics, Finance & Banking
New York Gov. Kathy Hochul has signed legislation that, among other things, imposes new licensing requirements on Buy Now, Pay Later services…
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/ Consumer Protection, Finance & Banking, Privacy
The huge FY26 budget reconciliation bill, H.R. 1, dubbed the “One Big Beautiful Bill Act,” contains provisions that would slash CFPB spending…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking
Facing a projected budget deficit of $12 to $16 billion, Governor Bob Ferguson signed several bills into law this week which will significantly increase taxes in Washington State. An overview of the increases to Business and…
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/ Taxation, Wills, Trusts, & Estate Planning
The CFPB is proposing to rescind its rule that requires certain nonbank entities to register covered agency enforcement and court orders…
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/ Administrative Law, Consumer Protection, Finance & Banking
