Legal & Regulation

CFPB
Senator Ted Cruz Introduces Legislation To Disband The CFPB
February 16, 2017

While there have long been calls on Capitol Hill to reform the CFPB with an eye toward scaling back some of its vast powers, at least two Republicans — one Senator and one Congressman — are ready to toss the whole thing on the scrap...

Legal & Regulation
Companies Prepare For Trump’s Twitter Backlash
February 15, 2017

Most Americans are well-aware of President Donald Trump’s love affair with Twitter, where he often uses the site to criticize or even threaten companies. And while some are wondering how 140 characters or less can truly impact a business, others are actually drafting plans for...

Legal & Regulation
Lawmakers Want NHTSA To Study Connected Car Security
February 15, 2017

Aiming to beef up security in connected and driverless cars, a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are...

Legal & Regulation
FTC Says It Filed 12 Cases Against Illegal Debt Collection Practices In 2016
February 15, 2017

The Federal Trade Commission on Tuesday (Feb. 14) laid out how it fought back against illegal debt collection practices in 2016 in its report to the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Jury Selection In Trial Of Coin.mx Operator Kicked Off
February 14, 2017

A lawsuit launched from an inquiry into a bitcoin exchange and a breach of data at JPMorgan was expected to kick off on Monday (Feb. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
Rep. Hensarling Leaked Memo Shows He’s Gearing Up To Weaken CFPB
February 13, 2017

Representative Jeb Hensarling, the chairman of the House Financial Services Committee, is gearing up to move ahead with legislation that would greatly weaken the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Fed Reserve’s Tarullo, Who Created Financial Regulations After Crisis, Resigning
February 13, 2017

Daniel Tarullo, the Federal Reserve’s head creator of the financial regulations after the financial crisis, is gearing up to resign, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Trump2Cash App Tells Investors When To Trade On Trump Tweets
February 13, 2017

President Trump isn’t shy when it comes to his opinions on all sorts of things, often tweeting about publicly traded companies that can have an impact on the stock’s performance. A new app, dubbed Trump2Cash, is trying to capitalize on that, using algorithms to enable...

Legal & Regulation
FTC Focused On Car Buying, Big Data And FinTech In 2016
February 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its...