News & Analysis as of

Department of Labor (DOL) Consumer Financial Protection Bureau (CFPB)

Orrick, Herrington & Sutcliffe LLP

District court partially grants defendants’ motions to dismiss, tosses Privacy Act claim

On April 16, the U.S. District Court for the District of Columbia granted in part and denied in part the defendants’ motion to dismiss a case involving claims that DOGE and several federal agencies (including the DOL, the...more

Orrick, Herrington & Sutcliffe LLP

District court receives sparring requests to deny DOGE access

On February 28, the Department of Labor, the CFPB, and the DHHS (the defendants), filed a motion to dismiss in the U.S. District Court for the District of Columbia, and a week later, a coalition of labor unions (the...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 58: Earned Wage Access: Charting a Clear Regulatory Path

Ian P. Moloney, Head of Policy and Regulatory Affairs at the American Fintech Council, joins RegFi co-hosts Jerry Buckley and Sherry Safchuk for a conversation about earned wage access (EWA), a service that affords workers...more

Orrick, Herrington & Sutcliffe LLP

District court grants partial expedited discovery in case regarding sharing records with DOGE

On February 27, the U.S. District Court for the District of Columbia ruled that unions can depose DOGE in a case brought by a large labor union network, a think tank and two nonprofits against the Department of Labor (DOL),...more

Orrick, Herrington & Sutcliffe LLP

District Court denies request to restrain agencies from sharing records with DOGE

On February 14, the U.S. District Court for the District of Columbia denied a request to restrain the DOL, the HHS, and the CFPB from providing DOGE personnel access to the agencies’ records systems containing personal...more

Orrick, Herrington & Sutcliffe LLP

CFPB reportedly terminates 70 employees, including enforcement attorneys

On February 11, the CFPB reportedly terminated about 70 probationary employees, including several enforcement division attorneys, informing the employees that their skills did not align with the CFPB’s current needs. The...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday January 13, 2025

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January 10, 2025 - The Consumer Financial Protection Bureau announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered...more

Fisher Phillips

Comprehensive Review of AI Workplace Law and Litigation as We Enter 2025

Fisher Phillips on

It’s been a whirlwind few years when it comes to government and court activity related to the use of artificial intelligence in the workplace – but we’ve boiled it down to one place. This Insight reviews all of the laws,...more

Cooley LLP

CFPB Says FCRA May Govern Background Report Providers and Users, Including Tech Companies

Cooley LLP on

On October 24, 2024, the Consumer Financial Protection Bureau (CFPB) issued a consumer financial protection circular explaining that background reports, including scores, obtained from third parties and “used by employers to...more

Holland & Knight LLP

What's Next for the Regulatory Landscape Post-Chevron?

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For nearly 40 years and in more than 18,000 judicial opinions, federal courts have used the Chevron doctrine to defer to an agency's reasonable interpretation of an ambiguous statute. On June 28, 2024, the U.S. Supreme Court...more

Fisher Phillips

White House Takes Aim at Inefficient Business Practices Through “Time Is Money” Initiative: 5 Things Employers Should Do

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The Biden Administration wants to crack down on corporate practices that it believes waste consumers’ time and money through excessive paperwork, long wait times, and other aggravations – and you’ll want to take note so you...more

Orrick, Herrington & Sutcliffe LLP

CFPB highlights updated guidance on unemployment benefit delivery, prepaid card fees

On June 17, the CFPB published a blog post highlighting The Department of Labor’s recently updated Unemployment Insurance Program Letter which clarified regulatory obligations regarding the delivery of unemployment benefits...more

Troutman Pepper Locke

DOL Issues New Guidance on Prepaid Unemployment Benefits Cards

Troutman Pepper Locke on

The Department of Labor (DOL) has recently issued a revised Unemployment Insurance Program Letter to clarify how state workforce agencies should deliver unemployment benefits payments to consumers. This new guidance...more

Cozen O'Connor

The State AG Report – 4.11.2024

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •CFPB Not Playing Games with Financial and Privacy Risks - ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, March 9, 2024

Paul Hastings LLP on

March 8, 2024- The Federal Reserve Board announced a final rule that updates risk management requirements systemically important financial market utilities supervised by the Board....more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – February 2024 #3

PilieroMazza PLLC on

Rule of Two Changes: OMB Memo Aims to Make Rule of Two Apply to Task and Delivery Orders and SBA’s Proposed Rules, Coming Soon, Will Shape the Future Procurement Landscape - On January 25, 2024, the White House Office of...more

Latham & Watkins LLP

President Biden’s Executive Order on Artificial Intelligence - Initial Analysis of Private Sector Implications

Latham & Watkins LLP on

The Order marks an ambitious effort to stand up a whole-of-government approach to encouraging the benefits and managing the risks of artificial intelligence, with many of its most significant private-sector implications...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, June 6, 2023

Paul Hastings LLP on

June 5, 2023- The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated seven leading members of a Russian intelligence-linked malign influence group for their role in the government of the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, May 11, 2023

Paul Hastings LLP on

May 10, 2023- The House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, alongside the House Committee on Agriculture Subcommittee on Commodity Markets, Digital Assets, and...more

Fisher Phillips

Top Workplace Law Stories You May Have Missed from March 2023

Fisher Phillips on

It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there have been an unprecedented number of changes for the past few years — and this past...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, March 15, 2023

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March 14, 2023- The Federal Deposit Insurance Corporation issued Financial Institution Letter 10-2023 indicating that financial institutions are required to meet contractual obligations with bridge banks established to...more

Cozen O'Connor

Cozen Currents: The GOP's Political Awokening

Cozen O'Connor on

The Cozen Lens- •The GOP wants to say RIP to ESG as the fight against "woke capitalism" is prevalent in all corners of the Republican Party. •The US Supreme Court has agreed to hear a case regarding the constitutionality...more

Cozen O'Connor

The State AG Report – 2.2.2023

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •AG Campbell Settles with Massachusetts Auto Dealer over...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, November 23, 2022

Paul Hastings LLP on

November 22, 2022- The Federal Reserve Board published a paper entitled, "Choices and Implications when Measuring the Local Supply of Prescription Opioids."...more

Sheppard Mullin Richter & Hampton LLP

Caught on Video No More? NLRB General Counsel Releases Memo Urging Board to Curtail Employer Use of a Variety of Surveillance...

On October 31, 2022, Jennifer Abruzzo, the NLRB’s General Counsel (GC), released a memorandum regarding employer use of electronic surveillance and automated management, and its potential interference with employees’ ability...more

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