The Office of Inspector General (OIG) for the Federal Reserve Board and CFPB has issued a report on its evaluation of the CFPB’s process for conducting enforcement investigations. OIG concluded that the CFPB can enhance certain aspects of that process as described below.
More than 40% of Mainers have medical debt, according to a recent survey by Consumers for Affordable Health Care. Two bills before state lawmakers aim to reduce some of that burden.
COLUMBIA — On Tuesday, January 9, 2024, Senator Tom Davis (District 46) of Beaufort introduced Bill S. 910 to curb predatory lending practices in South Carolina. According to Senator Davis, “In South Carolina, there are lenders that offer payday, installment, and auto-title loans that mine and use personal data to identify, target and then trap vulnerable South Carolinians in a cycle of debt.
LANSING – Michigan Attorney General Dana Nessel has issued a new consumer alert to notify small business owners about the new federal Corporate Transparency Act (CTA), which will impact millions of small businesses. Knowing what the legislation requires will help businesses comply with the law and avoid scammers who may try to steal personal or corporate information under the guise of offering assistance.
The Federal Trade Commission and Justice Department today announced that both agencies are updating language in their standard preservation letters and specifications for all second requests, voluntary access letters, and compulsory legal process, including grand jury subpoenas, to address the increased use of collaboration tools and ephemeral messaging platforms in the modern workplace. These updates reinforce longstanding obligations requiring companies to preserve materials during the pendency of government investigations and litigation.
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