Supreme Court Agrees to Review Constitutionality of CFPB

Supreme Court Agrees to Review Constitutionality of CFPB

The U.S. Supreme Court recently agreed to review Seila Law v. Consumer Financial Protection Bureau (CFPB), a case that centers on the constitutionality of the CFPB. The dispute originated when Seila Law, a law firm, refused to turn over documents to the CFPB when...
Congressional Democrats Grill Kraninger

Congressional Democrats Grill Kraninger

House and Senate Democrats grilled the Consumer Financial Protection Bureau’s (CFPB) Director Kathy Kraninger during her semi-annual report to Congress on Wednesday and Thursday.  The congressional hearings were expected to be contentious, and they certainly lived up...
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...

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