President Trump will withdraw Jonathan McKernan’s nomination as CFPB Director, as he nominates him as the Treasury Department’s Undersecretary of Domestic Policy, the New York Times and Law360 reported…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking
In a significant move to curb illegal activities at the U.S. Southwest border, the Financial Crimes Enforcement Network (FinCEN) issued an alert, on May 1, 2025, concerning oil smuggling from Mexico into the United States,…
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/ Administrative Law, Criminal Law, Energy & Utilities, Finance & Banking
President Trump has signed a Congressional Review Act (CRA) resolution nullifying the CFPB’s controversial overdraft rule…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking
Treasury Secretary Scott Bessent announced May 9 that President Trump intends to nominate Jonathan McKernan, his nominee to head the CFPB, as the Undersecretary of Domestic Finance at Treasury…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking
The CFPB will not make enforcement of its Buy Now, Pay Later rule a priority, according to a recent statement…
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/ Administrative Law, Consumer Protection, Finance & Banking
On May 6, 2025, Maryland Governor Wes Moore signed into law HB 102, delaying the start date of Maryland’s highly anticipated paid Family and Medical Leave Insurance program (“FAMLI”). Maryland employers and employees now will…
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/ Insurance, Labor & Employment Law
Citing cutbacks at the federal level, Pennsylvania Governor Josh Shapiro has launched a new centralized consumer protection hotline, website and email address to make it easier for state residents to report allegations of scams…
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/ Consumer Protection, Finance & Banking, Insurance
The short answer is that the outcome of the Supreme Court hearing (whose oral argument is scheduled for May 15 at 10 am) is of immense importance to all stakeholders in the consumer financial services industry. We will explain…
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/ Constitutional Law, Elections & Politics, Finance & Banking, Consumer Protection, Immigration Law
Today’s podcast features Stephen Calkins, a law professor at Wayne State University in Detroit and former General Counsel of the Federal Trade Commission (the “FTC”).
President Trump recently fired, without good cause, the two…
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/ Communications & Media Law, Finance & Banking
The CFPB says it wants to scrap a Biden Administration rule that prohibits credit reporting agencies from including medical debts on credit reports, one of many Biden era rules that the Trump Administration has sought to…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking, Health
This episode is part of our “Bridging Campuses: Legal Insights on Education Industry Consolidation” series, where we discuss trends in higher education consolidation and closures, and outline common characteristics of at-risk…
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/ Education Law, Labor & Employment Law
On May 1, 2025, the Financial Crimes Enforcement Network (FinCEN) released a Notice of Proposed Rulemaking (NPRM) regarding the Huione Group, a foreign financial institution located in Cambodia. This proposal, enacted under…
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/ Administrative Law, Criminal Law, Finance & Banking, International Law & Trade
The House Financial Services Committee has approved its part of the massive budget bill, saving some $1 billion by, among other things, slashing the CFPB’s budget by more than 60%…
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/ Administrative Law, Consumer Protection, Elections & Politics, Finance & Banking
The U.S. Attorney General has updated the policy governing when the news media can be subject to legal process for their sources. The updated regulations permit the Department of Justice (DOJ) to subpoena the media for leak…
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/ Administrative Law, Communications & Media Law, Constitutional Law, Criminal Law, Elections & Politics
President Trump recently signed an Executive Order entitled “Restoring Equality of Opportunity and Meritocracy“ to eliminate the use of disparate impact liability. The U.S. Department of Housing and Urban Development (HUD) also…
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/ Civil Rights, Constitutional Law, Consumer Protection, Finance & Banking, Real Estate - Residential
