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February

26
2024
Industry News

CFPB Orders Federal Supervision for Installment Lender Following Contested Designation

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over installment lender World Acceptance.

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February

26
2024
Industry News

FTC Takes Action Against Tax Prep Company H&R Block For Wiping Consumers’ Data, Deceptively Marketing ‘Free’ Online Filing

The Federal Trade Commission is taking action against tax preparation company H&R Block for unfairly deleting consumers’ tax data and requiring them to contact customer service when they downgrade to more affordable online products, and deceptively marketing their products as “free” when they were not free for many consumers.

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February

23
2024
Industry News

Attorney General Merrick B. Garland Designates Jonathan Mayer to Serve as the Justice Department’s First Chief Science and Technology Advisor and Chief AI Officer

Attorney General Merrick B. Garland announced today the designation of Jonathan Mayer as the Justice Department’s first Chief Science and Technology Advisor and Chief Artificial Intelligence (AI) Officer. As the Chief Science and Technology Advisor, Mayer will advise the Attorney General and Justice Department leadership and collaborate with components across the Department on complex issues requiring technical expertise, including on matters relating to cybersecurity, artificial intelligence, and other areas of emerging technology.

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February

23
2024
Industry News

Harris & Harris Firm Settles Case with Washington Attorney General

Earlier this month, Washington Attorney General Bob Ferguson and Providence, one of the nation’s largest health care systems, reached an agreement regarding a 2022 charity care practices lawsuit. On Feb. 21, the attorney general also announced an agreement with the one of the collection agencies involved that was hired to collect outstanding debt from those patients.

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February

23
2024
Industry News

Banking Trade Groups Challenge New Community Reinvestment Act Regulation

On February 5, 2024, several banking trade groups[1] (the Plaintiffs) sued the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the Agencies) in the US District Court for the Northern District of Texas.

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