CFPB Director Launches New System to ‘Promote’ Consistent Enforcement Strategy Across Agencies

 

The new measure adds to the CFPB leadership’s regulation by enforcement strategy for financial services companies instead of engaging stakeholders and conducting due process. 05/23/2022 3:45 P.M. 4 minute read Consumer Financial Protection Bureau Director Rohit Chopra has announced a new enforcement strategy known as “Consumer Financial Protection Circulars” that will be issued to the […]

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ACA Advocacy in Action: Minnesota Governor Signs Work-From-Home Bill

 

The legislation enacts permanent remote work options for collection agencies in Minnesota effective June 1, thanks to advocacy efforts by the Great Lakes Credit and Collection Association. 05/23/2022 12:30 P.M. 5 minute read Key Takeaways The new law permits employees of collection agencies to continue working from home as it was established in the beginning of […]

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FCC Adopts International Robocall Order

 

The rules will implement robocall mitigation and build on the FCC’s other efforts to stop illegal robocalls. 05/20/2022 3:30 P.M. 2.5 minute read The Federal Communications Commission has unanimously adopted new rules to and an international robocall order to stop illegal robocalls that originate overseas from entering American phone networks. The proposal issued before the […]

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ACA Advocates Meet on Capitol Hill

 

Members gathered in Washington, D.C., for the return of the Washington Insights Fly-In May 18-19. Members of Congress from both sides of the aisle attended the ACA event, which also featured panel discussions on state laws, medical debt credit reporting, and the upcoming midterm elections. Editor’s note: This article is available for members only. 5/19/2022 […]

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House Financial Services Members McHenry, Luetkemeyer Express Concern with CFPB Policies in Letter to Director Chopra

 

The letter addresses recent changes to UDAAP manuals focused on supervisory examinations as well as Chopra’s regulatory and enforcement agenda. 05/19/2022 3:30 P.M. 3 minute read The ranking member of the House Financial Services Committee, U.S. Rep. Patrick McHenry, R-N.C., and the ranking member of the Subcommittee on Consumer Protection and Financial Institutions, U.S. Rep. […]

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