September 2011
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Federal News
Congress Introduces Landmark TCPA Reform Legislation
The Mobile Informational Call Act of 2011, which proposes modernization of the TCPA, was introduced on the House Floor on September 22.
President Obama’s Deficit Reduction Plan Proposes Allowing Federal Agencies to Contact Delinquent Debtors via Cell Phone
The President’s plan for economic growth notes that an increasing share of households no longer have landlines and rely instead on cell phones.
Senate Banking Committee Questions CFPB Director Nominee
Richard Cordray, President Obama’s nominee for the CFPB director position, was questioned during a confirmation hearing by the Senate Banking Committee.
Financial Services Subcommittee Discusses Cyber Threats to the Financial Sector
Rep. Shelley Moore Capito, chairwomen of the subcommittee on Financial Institutions and Consumer Credit, questioned members of the financial industry about cybersecurity.
State News
ACA and CAC Meet with California Attorney General’s Office
Industry representatives discussed ACA’s Blueprint to modernize the debt collection system.
ACA Sponsors Fall Democratic Attorneys General Association Conference
Recent conference offered ACA the opportunity to discuss the Blueprint.
Want to know about state legislative proposals?
Please review ACA’s monthly State Legislative Update, a list of selected state legislation that has particular significance to the credit and collection industry. Free to all ACA members, please review this important update and contact your ACA state unit leaders to discuss how you can help assist in the advocacy process. ACA tracks state legislation through the State Tracking Action Network. If you are not a unit leader, learn about how to subscribe to this service on ACA’s website.