Alan Kaplinsky
Contributor at Freelance
Attorney and Leader of Ballard Spahr LLP’s Consumer Financial Services Group
Articles
-
6 days ago |
openlegalblogarchive.org | Alan Kaplinsky |John Culhane |Richard J. Andreano
The CFPB is rescinding its existing enforcement and supervision priority documents, according to a memo sent to bureau staff by CFPB Chief Legal Officer Mark Paoletta. The CFPB will focus its enforcement and supervision resources on pressing threats to consumers, particularly servicemembers, their families, as well as veterans, Paoletta wrote, in a memo to bureau employees. The CFPB also will shift its supervisory efforts back to depository institutions.
-
6 days ago |
jdsupra.com | Richard Andreano Jr. |John Culhane Jr. |Alan Kaplinsky
The CFPB is rescinding its existing enforcement and supervision priority documents, according to a memo sent to bureau staff by CFPB Chief Legal Officer Mark Paoletta. The CFPB will focus its enforcement and supervision resources on pressing threats to consumers, particularly servicemembers, their families, as well as veterans, Paoletta wrote, in a memo to bureau employees. The CFPB also will shift its supervisory efforts back to depository institutions.
-
1 week ago |
jdsupra.com | Alan Kaplinsky |Joseph J. Schuster |Ronald K. Vaske
At the request of both sides of the lawsuit, a federal judge has voided the CFPB’s credit card late fee rule. “The parties agree that, in the Late Fee Rule, the Bureau violated the CARD Act by failing to allow card issuers to ‘charge penalty fees reasonable and proportional to violations,’” Judge Mark T. Pittman of the U.S. District Court for the Northern District of Texas wrote.
-
1 week ago |
openlegalblogarchive.org | Alan Kaplinsky
At the request of both sides of the lawsuit, a federal judge has voided the CFPB’s credit card late fee rule. “The parties agree that, in the Late Fee Rule, the Bureau violated the CARD Act by failing to allow card issuers to ‘charge penalty fees reasonable and proportional to violations,’” Judge Mark T. Pittman of the U.S. District Court for the Northern District of Texas wrote.
-
1 week ago |
jdsupra.com | Alan Kaplinsky |Joseph J. Schuster
On Friday, April 11, a panel of the D.C. Circuit Court of Appeals modified Judge Jackson’s preliminary injunction order of March 28 pending appeal, as follows: Provision two (which required blanket reinstatement of probationary and term employees that were fired by the CFPB) stayed insofar as it requires the CFPB to reinstate employees whom defendants have determined, after an individualized assessment, to be unnecessary to the performance of defendants’ statutory duties.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 434
- Tweets
- 1K
- DMs Open
- Yes
BREAKING NEWS This afternoon, a consortium of bank trade associations filed a lawsuit against the CFPB in federal district court in Texas challenging the legality of the recently released credit card late fee regulation
BREAKING NEWS! CFPB ISSUES FINAL CREDIT CARD LATE FEE RULE AS PART OF BIDEN VAST EXPANSION OF WAR AGAINST JUNK FEES. SPELLS BIG TROUBLE FOR CONSUMERS. WE WILL SPELL IT ALL OUT DURING OUR WEBINAR ON March 21.
OppFi Beats Calif. Regulator's Bid For Preliminary Injunction California agency has lost prelim injunction motion imposing restrictions on Opportunity Financial's bank partnership lending. This is a huge setback to the agency's claim that the bank is true lender.
