In the wake of the COVID-19 pandemic, consumer protection issues have risen as a key priority for federal banking regulators. And they’ve taken recent steps signaling a growing emphasis on addressing discrimination and abusive or deceptive practices.
Many state regulators of real estate agents are supposed to look out for buyers and sellers. But not one such institution has the authority to provide restitution to consumers who are found to have been treated unfairly or unlawfully.
Forty million Californians – and many more outside the state served by companies hit by a new law – will soon have sweeping digital-privacy rights stronger than any seen before in the U.S.
The nation’s federal financial watchdog said Wednesday that it plans to abolish most of its critical consumer protections governing payday lenders.
The Massachusetts State Senate voted on Thursday to pass the “Student Loan Bill of Rights,” giving greater protections to student loan borrowers in disputes with companies servicing their loans.
A bill aimed at providing relief and protections to victims of data breaches hit a legislative roadblock this week, but its sponsors say there’s still a path forward.
The first major blow has been dealt to the Consumer Financial Protection Bureau, with President Donald Trump putting in place his choice for acting director. Presumably, he will also have his choice of permanent replacement as well.
