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January

19
2024
Industry News

MANCHIN, SCOTT LEAD EFFORT TO PROTECT STATE-BASED INSURANCE SYSTEM, PREVENT CFPB OVERREACH

Washington, DC– Today, U.S. Senators Joe Manchin (D-WV) and Tim Scott (R-SC) introduced bipartisan legislation to protect the nation’s state-based insurance regulatory system and ensure the Consumer Financial Protection Bureau (CFPB) does not overstep their statutory authority.

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January

19
2024
Industry News

New Jersey Enacts Comprehensive Privacy Law

On January 8, 2024, the New Jersey Assembly and Senate passed Senate Bill 332 (S. 332, or the “Act”), and it was signed into law by Governor Phil Murphy on January 16.

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January

19
2024
Industry News

COURT DENIES MARINER FINANCE’S MOTION TO DISMISS; MULTISTATE LAWSUIT AGAINST PREDATORY INSTALLMENT LENDER HEADED TO TRIAL

HARRISBURG — Attorney General Michelle Henry announced significant progress in her multistate lawsuit against Mariner Finance, LLC (Mariner Finance) — a Wall Street private equity-owned lender that charged Pennsylvanians millions of dollars in hidden add-on products and interest.

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January

19
2024
Industry News

Federal Credit Union Operating Fee Schedule for 2024

The NCUA Board unanimously approved the agency’s 2024 operating and capital budgets at its December 2023 meeting. As a result of that decision and other factors, federal credit union operating fees will increase by an average of approximately 16.36 percent in 2024.

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