Trade Associations Sue to Block CFPB Overdraft Rule – PYMNTS.com

Pursued by four industry groups and three banks legal action against Consumer Financial Protection BureauThe (CFPB) final rules regarding overdraft services were released on Thursday (December 12). In the lawsuit, the organizations claim that the CFPB exceeded its regulatory authority with the new regulations and failed to properly consider how its actions would harm consumers. […]
Banking Trade Associations Sue CFPB to Block Data Sharing Rule – PYMNTS.com

of Bank Policy Research Institute and Kentucky Bankers Association On Tuesday (October 22nd), Consumer Financial Protection Bureau(CFPB) Final Rule on Data Sharing released on the same day. Plaintiffs argue in their lawsuit that the rule jeopardizes the security and privacy of consumer financial data, they said in a news release Tuesday. press release. in lawsuitthey […]
Alsobrooks backs court-packing as Hogan fights GOP, McConnell, Trump associations

Prince George's County Executive Angela Alsobrooks and former Republican Maryland Gov. Larry Hogan faced off in a debate Thursday night ahead of the Maryland Senate race. In a particularly notable response, Alsobrooks joined some of the more progressive members of the Democratic Party in telling the host that he supported packing the Supreme Court. “I […]