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2 months ago | 
news4sanantonio.com | Mariah Medina |Michael Guerrero
AUSTIN, Texas - School choice, property tax relief and public safety are among Governor Greg Abbott's top legislative priorities this session, but it was the future of the border that was the focus of Abbott's conversations with President Donald Trump this week.
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2 months ago | 
abc7amarillo.com | Mariah Medina |Michael Guerrero
AUSTIN, Texas — School choice, property tax relief and public safety are among Governor Greg Abbott's top legislative priorities this session, but it was the future of the border that was the focus of Abbott's conversations with President Donald Trump this week.
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Jul 16, 2024 | 
consumerfinancemonitor.com | Michael Guerrero |Brian Turetsky
Vroom, the former used car sales website which halted vehicle sales in January 2024, has agreed to a proposed settlement with the FTC over allegations the company misrepresented that it had examined all vehicles before listing them for sale, failed to obtain customers’ consent to shipment delays and failed to provide prompt refunds when cars were not delivered on time. Vroom, agreed to pay $1 million to consumers.
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Apr 1, 2024 | 
consumerfinancemonitor.com | John Culhane |Ronald K. Vaske |Michael Guerrero |Kristen Larson
Last week ended with an intense flurry of activity in the lawsuit challenging the CFPB’s final credit card late fee rule (Rule). The flurry followed the plaintiffs’ March 25 filing of a Notice of Appeal after the district court denied their motion for expedited consideration of their preliminary injunction motion.
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Mar 21, 2024 | 
consumerfinancemonitor.com | John Culhane |Michael Guerrero |Michael Guerrero |Alan Kaplinsky |Kristen Larson |Brian Turetsky | +1 more
On March 20, 2024, the court forcefully denied the motion for expedited consideration of plaintiff’s preliminary injunction motion in the lawsuit challenging the Consumer Financial Bureau’s (“CFPB”) final credit card late fee rule.
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Mar 15, 2024 | 
consumerfinancemonitor.com | John Culhane |Michael Guerrero |Ronald K. Vaske |Kristen Larson
The Consumer Financial Protection Bureau (“CFPB”) filed an opposition brief (the “Opposition”) on Tuesday in response to a request by plaintiff trade groups to enjoin the CFPB’s final credit card late fee rule (the “Final Rule”) during the pendency of a lawsuit seeking to invalidate the Final Rule.
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Mar 13, 2024 | 
consumerfinancemonitor.com | John Culhane |Michael Guerrero |Ronald K. Vaske |Kristen Larson |Alan Kaplinsky
Just two days after the CFPB issued its final credit card late fee rule (Rule) last week, a lawsuit was filed in a Texas federal district court seeking to invalidate the Rule. The plaintiffs in the lawsuit are the Chamber of Commerce of the United States of America, Fort Worth Chamber of Commerce, Longview Chamber of Commerce, American Bankers Association, Consumer Bankers Association, and Texas Association of Business.
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Feb 8, 2024 | 
consumerfinancemonitor.com | John Culhane |John Kimble |Michael Guerrero
On January 22, 2024, the Federal Trade Commission (FTC) entered into a Stipulated Order for Permanent Injunction, Monetary Judgment, and Other Relief (the “Order”) with FloatMe Corp. (“FloatMe”), a fintech that offers short-term cash advances through its mobile app, to settle litigation brought earlier in the month against the fintech and two of its principals (collectively, “Defendants”).
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Jan 25, 2024 | 
consumerfinancemonitor.com | John Kimble |Michael Guerrero
After promising earlier this year to “establish nation-leading regulations for the Buy Now Pay Later loan industry,” New York Governor Kathy Hochul took a significant first step in that direction by including Buy Now Pay Later (“BNPL”) legislation in her Proposed 2024-2025 Transportation, Economic Development and Environmental Conservation (“TED”) Bill.
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Jan 12, 2024 | 
consumerfinancemonitor.com | John Kimble |Michael Guerrero
On January 2, the Federal Trade Commission (FTC) filed a complaint against FloatMe Corp. (“FloatMe”), a fintech that offers short-term cash advances through its mobile app, alleging violations of the FTC Act, the Restore Online Shoppers’ Confidence Act (ROSCA), and the Equal Credit Opportunity Act (ECOA).
