Democrats Pass Bill to Lower Prescription Drug Prices for Seniors December 13, 2019 By Lisa Lambert The U.S. House of Representatives on Thursday approved legislation aimed at driving down the prices that seniors pay for prescription...
Trump Signs Order Curbing Consumer Class Actions Against Banks November 2, 2017 By Lisa Lambert President Donald Trump signed a Congressional resolution on Wednesday that lets banks block customers from filing class action lawsuits, partly...
Congress Kills Obama Ban on Forced Arbitration in Battle Against Class Actions October 25, 2017 By Lisa Lambert Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over...
Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy September 14, 2017 By Lisa Lambert Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions,...
Senators Have Questions for Wells Fargo on Auto Insurance Scandal August 10, 2017 By Lisa Lambert A group of U.S. senators from both parties on Wednesday turned up the heat on Wells Fargo Inc. over its...
MetLife ‘Too Big to Fail’ Case Remains on Hold Awaiting Trump Weigh-In August 3, 2017 By Lisa Lambert Any legal decision on whether the largest U.S. life insurer MetLife Inc. should be labeled “too big to fail” will...
Judicial Records on MetLife ‘Too Big to Fail’ Ruling May Be Opened to Public August 2, 2017 By Lisa Lambert The public may soon be able to delve into how a U.S. District Court judge came to rule that MetLife...
Senators Question If Trump Adviser, AIG Investor Icahn Plays Role in ‘Too Big to Fail’ July 28, 2017 By Lisa Lambert Two prominent U.S. Democratic senators are raising questions about President Donald Trump’s special adviser, Carl Icahn, asking in a letter...
Republican-Led House Votes to Block Rule Allowing Consumer Class Actions July 26, 2017 By Lisa Lambert The U.S. House of Representatives on Tuesday voted overwhelmingly to erase a new rule that lets bank and credit-card customers...
MetLife’s ‘Too Big to Fail’ Lawsuit on Agenda for U.S. Regulators July 25, 2017 By Lisa Lambert Heads of the U.S. financial regulatory agencies will meet behind closed doors this Friday to discuss MetLife Inc.’s lawsuit against...