and challenges the CFPB's authority over non-bank financial technology innovators. The trade groups argue that Congress did not empower the CFPB to supervise large non-banks offering consumer ...
Two technology trade groups have filed a lawsuit against ... or decentralized wallets but aims to target large non-bank companies. “The CFPB’s unlawful power grab undermines the rule of ...
Legal experts suggest that only a few bank regulations are at ... it was announced in December. Groups like the American Bankers Association and the Consumer Bankers Association teamed up with others ...
Some banks and banking trade groups are suing the Consumer Financial Protection ... according to data from the CFPB and bank public records. Currently, there is no cap on the overdraft fees that banks ...
The lawsuit, filed in the US Federal District Court for the District of Columbia, is supported by a trade association NetChoice, and challenges the CFPB’s authority over non-bank financial technology ...
(Reuters) - Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the regulator supervisory authority over payment apps and digital ...
A pair of trade groups have filed a lawsuit against the Consumer ... The lawsuit filed in Texas federal court argues that the CFPB's rule exceeds the agency's statutory authority.
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