Mar 24, 2023 | Federal Regulation, Litigation, News
As SCOTUS Plans to Make Determination, Second Circuit Rules CFPB’s Funding is Constitutional Last week, a three-judge panel of the U.S. Court of Appeals for the Second Circuit ruled that the funding of the Consumer Financial Protection Bureau (CFPB) through the...
Mar 22, 2023 | Financial Literacy, News
Americans Preparing for a Recession are Increasing Savings and Cutting Spending A recent Morning Consult survey found that 41 percent of U.S. adults are actively preparing for an economic downturn by saving and decreasing spending. Many are prepping for a recession by...
Mar 20, 2023 | Federal Regulation, News
CFPB Publishes Supervisory Highlights Report on Junk Fees Earlier this month, the Consumer Financial Protection Bureau (CFPB) released “Junk Fees Special Edition,” a Special Edition of its Supervisory Highlights report that discusses how the CFPB examines...
Mar 17, 2023 | Federal Regulation, News
President’s Budget Includes Billions for Tribal Governments Earlier this month, the Biden Administration released its FY2024 budget, which it said in a press release will “invest in America, lower costs and cut taxes for working families, and strengthen Medicare and...
Mar 15, 2023 | Congressional Legislation, News
House Financial Services Committee Holds Hearing on CFPB Reform At a hearing last week, the House Financial Services Committee (HFSC) discussed ways to either reform or defund the Consumer Financial Protection Bureau (CFPB) as Republicans continued to criticize the...