April 20, 2017 | National Law Journal
Republicans Want to Rename CFPB the 'Consumer Law Enforcement Agency'Rep. Jeb Hensarling, R-Texas, chairman of the House Financial Services Committee, is proposing to rename the Obama-era Consumer Financial Protection Bureau to the "Consumer Law Enforcement Agency." The proposed change was tucked into a nearly 600-page draft of Hensarling's new Financial Choice Act, which the House Financial Services Committee is set to discuss at a hearing April 26.
By C. Ryan Barber
6 minute read
April 20, 2017 | National Law Journal
Republicans Want to Rename CFPB the 'Consumer Law Enforcement Agency'Rep. Jeb Hensarling, R-Texas, chairman of the House Financial Services Committee, is proposing to rename the Obama-era Consumer Financial Protection Bureau to the "Consumer Law Enforcement Agency." The proposed change was tucked into a nearly 600-page draft of Hensarling's new Financial Choice Act, which the House Financial Services Committee is set to discuss at a hearing April 26.
By C. Ryan Barber
3 minute read
April 19, 2017 | National Law Journal
FTC Tells Paid 'Influencers' to Disclose When Instagram Posts Are #AdsThe Federal Trade Commission is keeping tabs on the growing trend of brands hiring so-called "influencers"—athletes, celebrities and others with large followings—to promote their products on social media. Up until Wednesday, the agency has put the burden of ensuring proper advertising disclosure on the brands. The agency sent 90 letters to influencers and marketers informing them of their responsibility to "clearly and conspicuously" disclose the business relationships behind social media posts.
By C. Ryan Barber
13 minute read
April 19, 2017 | National Law Journal
FTC Tells Paid 'Influencers' to Disclose When Instagram Posts Are #AdsThe Federal Trade Commission is keeping tabs on the growing trend of brands hiring so-called "influencers"—athletes, celebrities and others with large followings—to promote their products on social media. Up until Wednesday, the agency has put the burden of ensuring proper advertising disclosure on the brands. The agency sent 90 letters to influencers and marketers informing them of their responsibility to "clearly and conspicuously" disclose the business relationships behind social media posts.
By C. Ryan Barber
12 minute read
April 18, 2017 | National Law Journal
How a Prepaid Card Company Emerged as a 'Major Opponent' to CFPBNetspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
By C. Ryan Barber
15 minute read
April 18, 2017 | Daily Report Online
How a Georgia Company Emerged as a 'Major Opponent' to CFPBNetspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
By C. Ryan Barber
14 minute read
April 18, 2017 | National Law Journal
How a Prepaid Card Company Emerged as a 'Major Opponent' to CFPBNetspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
By C. Ryan Barber
15 minute read
April 17, 2017 | National Law Journal
CFPB Sues Ohio Law Firm Over Debt-Collection PracticesFor the second time this year, the Consumer Financial Protection Bureau has accused a law firm of using overly aggressive debt collection tactics.
By C. Ryan Barber
9 minute read
April 17, 2017 | National Law Journal
CFPB Sues Ohio Law Firm Over Debt-Collection PracticesFor the second time this year, the Consumer Financial Protection Bureau has accused a law firm of using overly aggressive debt collection tactics.
By C. Ryan Barber
4 minute read
April 14, 2017 | National Law Journal
CFPB Faces 'Rock and a Hard Place' in Pushing Arbitration RuleThe question hanging over the CFPB's arbitration rule—a proposal that drew tens of thousands of comments from consumer and business advocates—is less now about the finer points of the final rule than about whether the regulations will ever see the light of day at all. For the agency, the threat of a congressional override is not abstract. Republican lawmakers in the House and Senate proposed bills to tear up the CFPB's prepaid card rule.
By C. Ryan Barber
17 minute read
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