The Consumer Financial Protection Bureau (CFPB) published its semi-annual report on April 6, detailing everything what the agency has done for most of the last year. In a 100-page document, the agency explains its advocacy efforts to help consumers, the enforcement actions taken against companies and...
The U.S. Treasury published a report on Thursday (April 7) titled “The State of Labor Market Competition” that summarized the impact of uncompetitive firm behavior in labor markets. The report discusses how excessive concentration in the market, non-compete agreements or the misclassification of workers may...
On Thursday April 7, the Federal Deposit Insurance Corporation (FDIC) announced that it will require all the institutions that it supervises to notify if they are engaged or intent to engage in any activity involving or related to crypto assets. The FDIC will review the...
The Consumer Financial Protection Bureau (CFPB) is closing today, Monday 11, its deadline to submit comments on its public consultation on “junk fees” after receiving more than 25,000 comments in three months. Get the Full Story Complete the form to unlock this article and enjoy...
Judge Amit Mehta, the U.S. federal judge hearing the government’s antitrust case against Alphabet’s Google, said he isn’t convinced he can sanction the company for overzealous attorney-client privilege use, Reuters reported Friday (April 8). Get the Full Story Complete the form to unlock this article...
The Financial Crimes Enforcement Network (FinCEN) has intensified its fight against money laundering for the last few years. But in this endeavor, the regulator relies on companies to establish solid anti-money laundering (AML) programs to detect illicit conducts and if they don’t have one, they...
Regulators are luring crypto firms with crypto-friendly regulations, or at least, they are trying to do so. The U.K. government announced new plans to bring stablecoins withing a regulatory framework, paving their way for use in the U.K. as a recognized form of payment. In...
The Federal Trade Commission on Thursday (April 7) ordered Dun & Bradstreet to make “substantial changes” to its processes to help small- to medium-sized businesses (SMBs) and offer refunds to businesses harmed by its deceptive practices in selling its CreditBuilder products. Get the Full Story...
The U.S. House and Senate on Thursday (April 7) each passed bills that would remove Russia’s most-favored-nation trade status and ban Russian oil imports as additional sanctions for the country’s ongoing attacks on Ukraine that date back to late February, The Wall Street Journal reported...
