End of NY Legislative Session Means No BNPL Bill This Year
End of NY Legislative Session Means No BNPL Bill This Year New York State lawmakers ended their legislative session in June with no new state regulations for the buy now, pay later (BNPL) industry, contrary to what many anticipated. State governor Kathy Hochul began...
SCOTUS Ends Chevron Deference, Severely Restricting Executive Agency Power
SCOTUS Ends Chevron Deference, Severely Restricting Executive Agency Power In a 6-3 decision along ideological lines, the Supreme Court of the United States (SCOTUS) overruled a longstanding precedent known as the Chevron Deference. The Chevron precedent said that...
CFPB Blog Post Sets March 30, 2025 as Implementation Date for Payday Lending Rule
CFPB Blog Post Sets March 30, 2025 as Implementation Date for Payday Lending Rule The Consumer Financial Protection Bureau (CFPB) recently announced that its 2017 Payday Lending Rule will go into effect on March 30, 2025. The rule will limit lenders from making more...
