A senior White House official offered only broad insights into the administration’s forthcoming recommendations for a national artificial intelligence policy during testimony before the House Science, Space and Technology Subcommittee on Research and Technology on Jan. 14.
In this article, we share a timeline of monthly "bites" for the past year applicable to student lending.
In this episode of The Consumer Finance Podcast, host Chris Willis is joined by his colleague Lou Manetti from the firm’s Chicago office to unpack a significant new Illinois Supreme Court decision on standing in consumer cases based on federal statutes. Chris and Lou walk through the court’s FCRA “receipt truncation” ruling, explaining how Illinois — long thought to have more generous standing rules than federal court — has now imported a “concrete injury” requirement for common-law standing where the statute does not expressly confer a right to sue.
We recently blogged about President Trump’s Truth Social post in which he announced his intent to impose a 10% per annum interest rate cap on credit cards for one year beginning on January 20, 2026, the one-year anniversary of his second term of office. On January 21, during his speech delivered at the World Economic Forum in Davos, Switzerland, he announced his support for legislation to accomplish that result.
On January 13, the U.S. Court of Appeals for the 9th Circuit affirmed the dismissal of a putative class action lawsuit challenging unsolicited text messages containing video files under the Telephone Consumer Protection Act (TCPA). The plaintiff alleged that, during the final weeks of a presidential election campaign, he received an automated text message from a political committee that included a video with a prerecorded voice, which was automatically downloaded to his phone.
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