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Three Affiliated Tribes Sanford insurance plan sends health care titans into a legal battle
Two regional healthcare giants are squaring off over who is responsible for paying insurance costs related to a Three Affiliated Tribes Tribal Health Plan. Mayo Clinic filed a complaint in Minnesota ...
Use Cash App? You may be entitled to some money
Millions of people use Cash App to send or receive money every day, but the popular peer-to-peer payment service is now preparing to pay millions of dollars of its own to customers who fell victim to ...
JD Supra2h
CFPB Rescinds 2020 Advisory Opinion on Earned Wage Access Products
As part of a flurry of last minute regulatory activity by the Biden administration’s Consumer Financial Protection Bureau (CFPB or Bureau), on ...
AI on the Cheap vs. Stargate’s Big Splash
Welcome back to Techne! I’m a big fan of The Public Domain Review, an online journal focusing on works of art and literature now in the public domain. Hugh Aldersey-Williams, a writer and curator, ...
American Banker2h
Auto repos by third-parties spiked after pandemic: CFPB
The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.
JD Supra3h
New Frontiers: CFPB Proposes Extending Consumer Protections to Other Digital Payment Mechanisms
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...
Opinion
Why Is Rohit Chopra Still Employed at the CFPB?
The Biden nominee is trying to pose as a friend of the little guy to keep his job under Trump.
Equifax ordered to pay $15 million for improper investigations regarding credit card errors
ATLANTA, Ga. (Atlanta News First) - The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card ...
American Banker3h
GOP floats credit union taxes, repealing FDIC orderly liquidation authority
A document circulated by the House Ways and Means Committee makes a number of suggestions for cutting federal spending, including revoking the federal tax exemption for credit unions and eliminating ...
Colorado Public Radio3h
With Biden-era consumer protections in jeopardy, Colorado Democrats look to crack down on rental housing fees
The effort got a boost last week from a top Federal Trade Commission official, who sent a letter to Gov. Jared Polis urging the state to target so-called “junk fees.” ...
Hoodline5h
Auto Repossession Rates Surpass Pre-Pandemic Levels as Financial Strain Hits Consumers, CFPB Reports
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
CFPB head braces for a potential dismissal after Trump’s return
Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans house.