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Elizabeth Warren Consumer Financial Protection Bureau (CFPB)

Ballard Spahr LLP

Professor Sovern Disagrees with Senator Warren and Concedes that Consumers Do Well in Arbitration But Raises Another Red Herring

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Professor Jeff Sovern has responded to our recent blog, “Senator Warren’s Numbers Don’t Add Up,” with a blog of his own. He does not contest the main point of our blog, which was that Senator Warren’s claim that consumers...more

Ballard Spahr LLP

Senator Warren’s Numbers Don’t Add Up

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In a press release issued earlier this week, Senator Elizabeth Warren argued that the CFPB’s arbitration rule should not be repealed under the Congressional Review Act because consumers recovered “in only 9 percent of the...more

Ballard Spahr LLP

Senator Warren to address student loan activists

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Senator Elizabeth Warren is scheduled to be the keynote speaker today for “National Student Debt Day,” an event in Washington, D.C. for “student loan activists from around the country.” The event is sponsored by Young...more

King & Spalding

New York Banks Agree To Conditions For Use Of New Communication Platform

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On Monday, September 14, 2015, four major banks signed agreements with New York’s Department of Financial Services to regulate their use of a new financial messaging platform provided by Symphony Communication Services...more

K&L Gates LLP

We’ve Only Just Begun - Lessons From the CFPB’s First 35 Enforcement Cases

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Few agencies have generated as much controversy as the Consumer Financial Protection Bureau. The brainchild of Senator Elizabeth Warren when she was still a professor and the product of the Dodd-Frank Wall Street Reform and...more

Ballard Spahr LLP

Senator Warren campaigns for Cordray confirmation

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In a “tele-town hall” yesterday sponsored by Americans for Financial Reform, Senator Elizabeth Warren urged participants to contact their Senators to press them to confirm Richard Cordray as CFPB Director and support a change...more

Ballard Spahr LLP

Elizabeth Warren and Bill Nelson support OCC and FDIC on deposit advances

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A friend brought to my attention a two-page comment letter from Senators Elizabeth Warren and Bill Nelson, commenting on the OCC’s proposed deposit advance guidance, the subject of a prior blog....more

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