James Kim

3 weeks ago | openlegalblogarchive.org | Stefanie Jackman |James Kim |Jesse Silverman |Lori J. Sommerfield |James Kim |Chris Willis

The Consumer Financial Protection Bureau (CFPB or Bureau) is undergoing significant changes as the Trump administration implements sweeping layoffs just days after revising the Bureau’s regulatory priorities. According to reports, approximately 1,400-1,500 employees have received reduction-in-force notices, leaving the CFPB with just over 200 personnel to carry out its regulatory activities.

1 month ago | openlegalblogarchive.org | James Kim |Carlin McCrory |Caleb Rosenberg |Taylor Gess

The Utah Legislature has passed H.B. 279, known as the Earned Wage Access Services Act. Sponsored by Representative A. Cory Maloy (R) and Senator Chris H. Wilson (R), this legislation aims to regulate earned wage access (EWA) providers. Notably, “providers” is defined to include a person engaged in the business of offering earned wage access, but not an employer that advances a portion of earned wages directly to employees or independent contractors.