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Consumer Protection Act Small Business

Troutman Pepper

Update: Congress Passes Resolutions to Override CFPB’s Section 1071 Final Rule, Biden Vows to Veto

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As discussed here, this summer, Representative Roger Williams (R-Texas) and Senator John Kennedy (R-La.) introduced identical Congressional Review Act (CRA) resolutions in the U.S. House and Senate (H.J. Res. 66 and S. J....more

Troutman Pepper

Small Business Lenders Score Big Relief: Texas Federal District Court Grants Nationwide Injunction Against CFPB’s Implementation...

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In a major victory for small business lenders, yesterday the U.S. District Court for the Southern District of Texas granted motions filed by three groups of trade association intervenors to extend the court’s existing...more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program — Updated October 2023

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The SBIC Program - A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the U.S. Small Business Administration...more

Troutman Pepper

Congressional Republicans Receive Banking and Credit Union Trade Association Support for Legislation to Overturn the CFPB’s...

Troutman Pepper on

This summer, Representative Roger Williams (R-Texas) and Senator John Kennedy (R-La.) introduced identical Congressional Review Act (CRA) resolutions in the U.S. House and Senate (H.J. Res. 66 and S. J. Res. 32, respectively)...more

King & Spalding

CFPB's New Small Business Data Collection Rule

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A recent rule (12 CFR Part 1002, the “Rule”) issued in final form by the Consumer Financial Protection Bureau (the “CFPB”) earlier this year imposes a host of data collection and reporting obligations on lenders to small...more

Cozen O'Connor

State AG Pulse | Vermont: Small Is Mighty

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In this episode of State AG Pulse Vermont AG Charity Clark talks with Stephen Cobb and Ann-Marie Luciano about her background as both the descendant of generations of small-town Vermont grocers, and the first woman to hold...more

Cozen O'Connor

Washington AG Prevails in Consumer Protection Act Lawsuits

Cozen O'Connor on

Washington AG Bob Ferguson announced that his office secured victory in two Consumer Protection Act (CPA) lawsuits against Florida-based companies CA Certificate Service (CCS) and Labor Poster Compliance (LPC), as well as...more

King & Spalding

House Financial Services Committee Votes To Repeal And Replace Dodd-Frank

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On September 13th, the House Financial Services Committee approved the Financial CHOICE Act of 2016 to repeal and replace key parts of the 2010 Dodd-Frank law by a largely partisan vote of 30 to 26. Democrats declined to...more

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