Court Upholds Consumer Financial Bureau Structure Over Trump, Business Complaints January 31, 2018 By Andrew Harris, Bloomberg The Consumer Financial Protection Bureau director’s job regained a measure of security Wednesday when a U.S. appeals court said the...
Ban on Consumer Mandatory Arbitration Clauses Faces Challenges July 20, 2017 By Lisa Lambert and Pete Schroeder A U.S. rule years in the making that was intended to restore consumers’ ability to band together to sue financial...
Banks Blast Rule Exposing Them to Consumer Class Actions July 11, 2017 By Lisa Lambert U.S. banks and credit card companies could be prevented from blocking customers from banding together to sue them under a...
Appeals Court to Rehear Constitutionality of Consumer Protection Bureau Structure February 20, 2017 By Lawrence Hurley and Lisa Lambert A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau’s structure...
Trump Halts Fiduciary Rule Opposed by Financial Advisors; Orders Dodd-Frank Review February 6, 2017 By Elizabeth Dexheimer, Justin Sink and Katherine Chiglinsky President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial...
Consumer Bureau Wants Full Court Review of Sole Directorship November 22, 2016 The U.S. Consumer Financial Protection Bureau late on Friday asked the entire U.S. Court of Appeals for the District of...
U.S. Consumer Rules Would End Mandatory Arbitration Clauses That Limit Class Actions May 5, 2016 By Lisa Lambert A U.S. consumer watchdog on Thursday proposed new rules to block credit card companies, banks and other companies from forcing...
Consumer Agency Seeks to Limit Financial Firms’ Arbitration Clauses October 7, 2015 By Sarah N. Lynch Banks and credit card companies may not force customers to sign away their legal rights to take part in class...
Financial Firms Want More Time to Review U.S. Consumer Complaint Proposal July 23, 2014 By Andrew G. Simpson The federal government is proposing a new policy that would allow consumers to publicly post their complaints about consumer financial...
Senate to Hold Vote on Consumer Agency Director Next Week May 16, 2013 By Emily Stephenson U.S. Senate Democratic leaders plan to hold a vote next week on President Barack Obama’s choice to lead the Consumer...