American Banker3h
Mufarrige to lead FTC's Bureau of Consumer Protection
Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, Nadir Johnes and Jo Jagadish; PayPal's John Kim is leaving the company; and more in this week's banking news roundup.
JD Supra1h
CFPB’s Proposed Rule Aims to Prohibit the Use of Certain Contractual Provisions in Consumer Financial Products or Services Agreements
Background, Purpose, and Structure of the Proposed Rule - On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) published
JD Supra1h
CFPB Targets Contractual Provisions That Limit Consumer Rights
On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) proposed a rule to prohibit provisions in agreements for consumer
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier just yet - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for it in the first place.
The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration
Landlord overcharged renters hundreds of millions in junk fees for years, alleges FTC lawsuit
The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.
Colorado Public Radio1d
With Biden-era consumer protections in jeopardy, Colorado Democrats look to crack down on rental housing fees
The effort got a boost last week from a top Federal Trade Commission official, who sent a letter to Gov. Jared Polis urging the state to target so-called “junk fees.”
ConsumerAffairs11d
FTC sues Evoke Wellness, claiming it misled consumers seeking substance abuse treatment
The Federal Trade Commission (FTC) has filed a lawsuit against Evoke Wellness, LLC, Evoke Health Care Management, and their executives Jonathan Mosley and
FTC has bipartisan support to continue antitrust cases
The United States Federal Trade Commission (FTC) is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under the Trump administration, said Henry Liu, the outgoing director of the agency’s Bureau of Competition.
Cash advance apps: Financial relief, or "loan shark in your pocket"?
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket .. cash advance app borrowers are trapped in a cycle of debt like that experienced by payday loan borrowers," Candice Wang, senior researcher at the Center for Responsible Lending, said on the group's website.
DOJ Lawyer From Google Advertising Case Picked for FTC Job (1)
A leading trial attorney who helped file US antitrust lawsuits against Alphabet Inc.’s Google and Apple Inc. is set to be named the top competition lawyer at the Federal Trade Commission, according to people familiar with the plans.