SAINT PAUL, Minn. – Today, the Minnesota House passed the Minnesota Consumer Data Privacy Act, HF 2309, as a part of the House Agriculture/Commerce/Energy Supplemental Budget. Authored by Rep. Steve Elkins (DFL - Bloomington), the legislation would grant consumers the right to prevent their data from being sold or used to target advertising at them. In the case of sensitive personal data, including location data, companies would have to secure your permission in advance before using it in this manner.
The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10) decision, Judge Mark Pittman of the U.S. District Court for the Northern District granted an injunction that halts the restrictions.
Beyond the Consumer Financial Protection Bureau (CFPB)’s new rule that would cap credit card late fees, banks are girding for the impact of the Federal Reserve’s updated Reg II proposal, which would cap debit interchange fees.
On May 3, the U.S. Court of Appeals for the Fifth Circuit entered an order denying the CFPB’s (CFPB) petition for a panel rehearing and effectively setting the stage for a long-awaited ruling on a preliminary injunction in the ongoing lawsuit challenging the CFPB credit card late fee rule.
The phone rings. Your caller ID says it’s the Social Security Administration. You hesitate. You’re not expecting a call from them, and you’ve heard about impersonation scams. But something inside you makes you pick up. And everything you’re about to hear is designed to scare you into doing whatever the caller says.
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