Legal & Regulation

Legal & Regulation
Regulators Give Wells Fargo’s Top Examiner The Boot
April 10, 2017

The lead regulator for U.S. banks, the Office of the Comptroller of the Currency, removed Wells Fargo’s most senior bank examiner, people familiar with the matter told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
CFPB Director Cordray Blasted By Legislators That Would Like To See Him Gone
April 07, 2017

“Boy, they really hate you, don’t they?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

CFPB
Defending Its Life: What To Expect From The CFPB’s Trip To The D.C. Appellate Court
April 04, 2017

There are no shortage of divisive topics in Washington D.C. these days; it would, in fact, be quicker and easier to make a list of topics that enjoy bipartisan agreement than to try and catalog all the individual differences. Judges, budgets, healthcare, regulation, the environment...

Legal & Regulation
Supreme Court Rules to Protect Businesses’ Free Speech on Credit Card Fees
April 03, 2017

In today’s fast-moving economy, there aren’t many people who are likely to be carrying around cash. As such, most people who use credit cards have run into the issue of fees being tacked on by businesses for charges under ten dollars. Get the Full Story Complete...

Legal & Regulation
CFPB Touts Structural Changes Won’t Impact Operations
April 03, 2017

The Trump administration’s Justice Department’s March 17 brief outlining the possible unconstitutional structure of the Consumer Financial Protection Bureau (CFPB) was met with some resistance from the organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
New York Taxi Owners Defeated in Evolving Transport Lawsuit
April 03, 2017

With the rise of the sharing economy, there are undoubtedly several industries that have been disrupted, and some are rightfully upset. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
CFPB Director Cordray Defends Agency In Republican Crosshairs
April 03, 2017

Republicans and President Trump want to wrest the power from the Consumer Financial Protection Bureau (CFPB), a consumer watchdog put into place under former President Obama, but its director Richard Cordray last week was out defending the agency he heads. Get the Full Story Complete...

Legal & Regulation
Consumer Groups, Legal Scholars, Lawmakers Show Support For CFPB
April 03, 2017

A group of consumer and civil rights groups, legal scholars and members of congress announced Friday they would be submitting amicus briefs to the U.S. Court of Appeals in support of the Consumer Financial Protection Bureau (CFPB) in the case of PHH Corp. v. CFPB....

Legal & Regulation
Uber Wants To Handle Waymo Case Via Arbitration
March 31, 2017

A new court document filed by Uber indicates that the company thinks some parts of the case between Waymo and Uber/Otto can be handled by arbitration, said The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...