California Governor Signs Loan Bill

California Governor Signs Loan Bill

← Previous Article California Governor Gavin Newsom signed into law last week the Fair Access to Credit Act, or AB-539, which sets an interest rate cap of 36 percent on loans between $2,500 and $10,000. The bill would also prohibit prepayment penalties and would...
President Signs Executive Orders Limiting Agency Guidance

President Signs Executive Orders Limiting Agency Guidance

← Previous Article President Trump signed two executive orders earlier this week that seek to provide transparency in the ways in which federal regulators utilize guidance. The president stated that federal agencies were habitually issuing regulations and rules...
CFPB Announces New Taskforce on Federal Consumer Finance Law

New Advisory Committee Members at the CFPB

← Previous Article The Consumer Financial Protection Bureau (CFPB) announced yesterday the new members of its four advisory committees, which include the Consumer Advisory Board (CAB), the Community Bank Advisory Council (CBAC), the Credit Union Advisory Council...

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