Litigation activity picked up a bit for an end-of-year rally as FDCPA complaints (+11.2%) hit double digits over last month and FCRA complaints (+8%) were also up more than usual. TCPA complaints (-32.4%) were still down though, by a lot.
The Consumer Financial Protection Bureau has proposed a rule (PDF) that would create a registry on supervised nonbank entities with arbitration agreements in their contracts.
The Federal Trade Commission will host a public forum on Thursday, February 16 examining the FTC’s proposed rule to prohibit employers from imposing noncompetes on their workers, and providing an opportunity for people to directly share their experiences with noncompetes.
WASHINGTON - Today, the U.S. Equal Employment Opportunity Commission (EEOC) held a public hearing to examine the use of automated systems, including artificial intelligence (AI), in employment decisions. Increasingly, employers are using automated systems to make employment decisions, including the recruitment, hiring, monitoring, and firing of workers.
Saving is an important financial goal, but many people put off their savings goals because they lack enough extra income. Do you have enough savings to be prepared for potential job loss or other life changes that may occur? A recent Consumer Financial Protection Bureau study found that only about 1 in 4 Americans could cover more than six months of living expenses if they lost their main source of income. This isn't good news.
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