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Banking Sector › Financial Services Industry › Statutory Interpretation

Sheppard Mullin Richter & Hampton LLP

Treasury Confirms All CDFI Fund Programs Are Backed by Law Amid Executive Order Review

Sheppard Mullin Richter & Hampton LLP on

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial Institutions (CDFI) Fund are...more

Pietragallo Gordon Alfano Bosick & Raspanti,...

U.S. Supreme Court Draws the Line: Misleading Statements Aren’t Always False

Pietragallo Gordon Alfano Bosick & Raspanti,... on

Last week a unanimous U.S. Supreme Court issued an opinion in Thompson v. United States, 2025 WL 876266 (2025), holding that a statement that is literally true but allegedly misleading, is not a “false statement” under 18...more

Ballard Spahr LLP

Ninth Circuit Accepts Broad Definition of ATDS

Ballard Spahr LLP on

A unanimous three-judge panel of the U.S. Court of Appeals for the Ninth Circuit on Thursday handed the plaintiffs’ bar a resounding win. ...more

Ballard Spahr LLP

Richard Cordray’s tenure as CFPB Director is uncertain

Ballard Spahr LLP on

Clients are always asking me and others in our Consumer Financial Services Group about how long Richard Cordray will remain as CFPB Director. The short answer is nobody knows, perhaps not even Richard Cordray. ...more

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