Washington, D.C., June 22, 2023 (GLOBE NEWSWIRE) -- The Consumer Financial Protection Bureau (CFPB) is an outlier agency, and the U.S. Supreme Court should overturn its illegitimate funding method, the New Civil Liberties Alliance argues in a petition for a writ of certiorari filed in the case of Law Offices of Crystal Moroney v. CFPB. In October, the U.S. Court of Appeals for the Fifth Circuit decided in Community Financial Services Assoc. of America, Ltd. v. CFPB that the agency’s funding structure violates the Appropriations Clause of the U.S. Constitution.
Accounts receivable management industry issues including medical debt credit reporting, regulations on “junk fees,” and overall regulatory processes, rang through in two congressional hearings with Consumer Financial Protection Bureau Director Rohit Chopra last week.
The U.S. Court of Appeals for the Ninth Circuit, in a 2-1 decision, recently affirmed the district court’s decision denying the plaintiffs’ motion for a temporary restraining order and preliminary injunction to block enforcement of Nevada Senate Bill 248 (S.B. 248).
Texas became the tenth state to enact comprehensive consumer privacy legislation (and the fifth state to do so in 2023). This alert discusses certain key features of the Texas Data Privacy and Security Act, including a high-level summary of the requirements for businesses that are subject to the law.
On June 20, the Consumer Financial Protection Bureau’s (CFPB or Bureau) Office of Servicemember Affairs published its Annual Report analyzing complaints submitted by servicemembers, veterans, and their families in 2022.