Federal Trade Commission Chair Lina M. Khan today appeared before the House Appropriations Subcommittee on Financial Services and General Government to discuss the agency's FY 2025 budget request and ongoing work to promote open, competitive markets and protect American consumers and businesses from fraud.
Last Friday, May 10, the Texas federal district court hearing the lawsuit challenging the CFPB’s final credit card late fee rule (Rule) granted the plaintiffs’ preliminary injunction motion and stayed the Rule. The Rule was set to become effective tomorrow, May 14.
In an important move affecting healthcare services and the collection of medical debts, Florida Governor Ron DeSantis signed legislation into law on May 10th. The bill, known as H.B. 7089/S.B. 1640, was unanimously approved by the Florida Senate and House on March 8th, marking the conclusion of Florida’s legislative session. This legislative development, which brings with it many implications, has garnered attention from various parties, including the Florida Collectors Association (FCA), which closely monitored its progress. The FCA has diligently outlined the bill’s requirements and conducted webinars to ensure compliance among its members.
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.
Some say the car a person drives can say a lot about them. As cars get “connected,” this turns out to be truer than many people might have realized. While connectivity can let drivers do things like play their favorite internet radio stations or unlock their car with an app, connected cars can also collect a lot of data about people.
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