Members of Congress and the Consumer Financial Protection Bureau reacted across the board to the highly-anticipated U.S. Supreme Court decision on the bureau’s funding structure in Community Financial Services Association of America Ltd. (CFSA) V. CFPB issued May 16.
Jefferson Financial Federal Credit Union CFO Casey Kucera offers insights into what finance leaders are focusing on.
May 16, 2024 (SAINT PAUL) – Today, following the final passage of the Debt Fairness Act in the Minnesota Senate, Attorney General Keith Ellison, state Senator Liz Boldon, and state Representative Liz Reyer released statements celebrating the good this bill will do in the lives of Minnesotans.
On May 3, the Arizona Court of Appeals affirmed the state superior court’s decision to uphold Arizona’s Predatory Debt Collection Act (the “Act”) after being challenged by judgment creditors.
Our economy and our financial system don’t work for the public when there are laws on the books that simply go unenforced. This isn’t just bad for consumers, it’s bad for the honest businesses that play by the rules. We saw the results of this in a devastating financial crisis that cratered the economy.