Trump fires CFPB head Rohit Chopra
https://www.theverge.com/news/604685/trump-cfpb-head-rohit-chopra-fired
[#]lawfedi #CFPB #ConsumerProtection
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Report: Almost half of state consumer privacy laws fail to protect individuals’ data
https://therecord.media/state-consumer-privacy-laws-failing-to-protect-data
[#]lawfedi #privacylaw #privacy
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CFPB Report Finds Continued Challenges for Households that Rent
Late payments decreased overall, but data reveal growing balances and increasing fees
https://www.consumerfinance.gov/about-us/newsroom/cfpb-report-finds-continued-challenges-for-households-that-rent/
[#]lawfedi #cfpb #ConsumerProtection #consumerlaw
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Consumers Denied Relief from Unwanted Telemarketing Calls After Federal Court Scraps Consent Rule
https://www.nclc.org/consumers-denied-relief-from-unwanted-telemarketing-calls-after-federal-court-scraps-consent-rule/
[#]lawfedi #ConsumerProtection #consumerlaw
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Lina Khan to leave FTC. (paywalled)
https://www.law360.com/cybersecurity-privacy/articles/2287357
[#]lawfedi #ftc
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The CFPB is still issuing public reports.
Repossession in Auto Finance
https://www.consumerfinance.gov/data-research/research-reports/repossession-in-auto-finance/
[#]lawfedi #cfpb
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FTC finalizes changes to regulations implementing Children's Online Privacy Protection Act
https://news.bloomberglaw.com/privacy-and-data-security/ftc-finalizes-childrens-privacy-rule-minimizing-data-collection
[#]lawfedi #ConsumerProtection
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Note soon to be FTC Commissioner Ferguson's extremely classy dissent: "the Biden-Harris FTC announcing its views on how to comply with the antitrust laws in the future is a senseless waste of Commission resources. The Biden-Harris FTC has no future."
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FTC and DOJ Jointly Issue Antitrust Guidelines on Business Practices that Impact Workers
https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-doj-jointly-issue-antitrust-guidelines-business-practices-impact-workers
[#]lawfedi #ConsumerProtection
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CFPB Orders Operator of Cash App to Pay $175 Million and Fix Its Failures on Fraud
Block allowed fraud to proliferate, closed cases of reported fraud without even opening a legally required investigation
https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-operator-of-cash-app-to-pay-175-million-and-fix-its-failures-on-fraud/
[#]lawfedi #ConsumerProtection #cfpb
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Proposed FTC study seeks to uncover scale and scope of mega investor single-family rental holdings.
https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-seeks-public-comment-single-family-rental-home-mega-investors-study
[#]lawfedi #FTC
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$80 million fine against Block/Cash app for AML violations. https://www.csbs.org/newsroom/state-regulators-issue-80-million-penalty-block-inc-cash-app-bsaaml-violations
[#]lawfedi #consumerprotection
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Proposed CFPB interpretive Rule: "The CFPB interprets the term “funds” to include assets that act or are used like money, in the sense that they are accepted as a medium of exchange, a measure of value, or a means of payment. Under this interpretation, the term “funds” would include stablecoins, as well as any other similarly-situated fungible assets that either operate as a medium of exchange or as a means of paying for goods or services."
https://www.consumerfinance.gov/about-us/newsroom/cfpb-seeks-input-on-digital-payment-privacy-and-consumer-protections/
[#]lawfedi #CFPB #crypto
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CFPB to hold a government agency-only session entitled "Deep Dive: Online Platform Liability."
This seems like a good time to figure out how the government can bring those pesky platforms to heel.
@mmasnick
https://www.consumerfinance.gov/about-us/events/deep-dive-online-platform-liability/
[#]lawfedi #section230 #ConsumerProtection
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FTC Finalizes Order with H&R Block Requiring Them to Pay $7 Million and Overhaul Advertising and Customer Service Practices for 2025 and 2026 Tax Seasons
https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-finalizes-order-hr-block-requiring-them-pay-7-million-overhaul-advertising-customer-service
[#]lawfedi #ConsumerProtection #ftc
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State AGs offer guidance on use of AI.
https://www.insideprivacy.com/state-privacy/state-attorneys-general-issue-guidance-on-privacy-artificial-intelligence/
[#]lawfedi #ai
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CFPB Sues Walmart and Branch Messenger for Illegally Opening Deposit Accounts for More Than One Million Delivery Drivers
https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-walmart-and-branch-messenger-for-illegally-opening-deposit-accounts-for-more-than-one-million-delivery-drivers/
[#]lawfedi #cfpb #consu
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US treasury department releases report on AI in financial services. https://home.treasury.gov/news/press-releases/jy2760
[#]lawfedi
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The CFPB has published a credit card shopping and comparison site.
If you're shopping for a credit card, try: https://www.consumerfinance.gov/consumer-tools/credit-cards/explore-cards/cards/
[#]CFPB #ConsumerProtection #lawfedi
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CFPB Takes Action on Bait-and-Switch Credit Card Rewards Tactics
https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-on-bait-and-switch-credit-card-rewards-tactics/
[#]lawfedi #CFPB #ConsumerProtection
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