The Consumer Financial Protection Bureau (CFPB) has announced the transfer of all its active litigation to the United States Department of Justice (DOJ), as the agency faces imminent funding shortfalls and a potential...more
12/12/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Justice (DOJ) ,
Deregulation ,
Enforcement Actions ,
Federal Funding ,
Financial Services Industry ,
Government Agencies ,
Government Shutdown ,
Office of Legal Counsel (OLC) ,
Pending Litigation ,
Regulatory Agencies ,
Regulatory Authority ,
Regulatory Oversight ,
Trump Administration ,
Unfair or Deceptive Trade Practices
On August 7, 2025, President Donald Trump issued an Executive Order entitled “Guaranteeing Fair Banking for all Americans” (EO). The EO broadly prohibits banks and other financial institutions from engaging in “politicized or...more
8/11/2025
/ Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Discriminatory Lending Practices ,
Enforcement Actions ,
Executive Orders ,
Federal Reserve ,
Financial Services Industry ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
SBA ,
Trump Administration
The Federal Trade Commission (FTC) recently announced a new action and proposed settlement with the telemedicine firm NextMed. The action, which may seem familiar to those who followed FTC advertising cases of years past,...more
A unanimous three-judge panel of the Eighth Circuit has vacated the Federal Trade Commission’s (FTC) final rule of amendments to the Negative Option Rule days before the rule’s scheduled July 14, 2025 effective date. The...more
7/17/2025
/ Appeals ,
Cancellation Rights ,
Consumer Protection Laws ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Final Rules ,
Judicial Authority ,
Regulatory Requirements ,
Rulemaking Process ,
Subscription Services ,
Unfair or Deceptive Trade Practices
Emerging issues under the Electronic Fund Transfer Act, Regulation E, and the UCC - As banks, fintech companies, and payment processors continue to innovate and partner on payment and wallet solutions, they must navigate the...more
4/4/2025
/ Banks ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Dispute Resolution ,
Electronic Fund Transfer Act ,
Financial Services Industry ,
FinTech ,
Payment Processors ,
Regulation E ,
Risk Management ,
Uniform Commercial Code (UCC)