The American Bankers Association today filed a cross-appeal in its legal challenge to the National Credit Union Administration’s field of membership rule, which further expanded the already loose fields of membership from which federal credit unions can draw their customers.
The Consumer Financial Protection Bureau has to date over-emphasized enforcement activities as part of its regulatory toolbox, ABA said in a comment letter to the bureau today.
In a move long sought by ABA, the Department of Housing and Urban Development signaled today that it will seek public comment on whether its rule implementing the Fair Housing Act discriminatory effects standard is consistent with the Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project.
Courts attempting to apply Spokeo v. Robins have done so in a confusing and inconsistent manner.
Deputy Attorney General Rod Rosenstein today announced a new Justice Department policy that encourages DOJ units and other law enforcement agencies to coordinate when imposing multiple penalties for the same conduct.
In a comment letter to the Consumer Financial Protection Bureau yesterday — the second of 12 the association will submit as part of the bureau’s ongoing feedback initiative — the American Bankers Association raised concerns about the bureau’s use of administrative adjudications and offered several recommendations for amending the its rules of practice for administrative proceedings.
The American Bankers Association, the U.S. Chamber of Commerce, and several other members of industry today asked the Federal Communications Commission for new rules that would ensure that customers can receive important communications from banks and other businesses.
The Fifth Circuit Court of Appeals today blocked third-party efforts to appeal its March ruling that vacated the Department of Labor’s fiduciary rule in its entirety.
In a comment letter to the Consumer Financial Protection Bureau today — the first of 12 the association will submit as part of the bureau’s ongoing public feedback initiative — the American Bankers Association offered several commonsense recommendations for rebalancing the bureau’s civil investigative demand process.
Consumer Financial Protection Bureau Acting Director Mick Mulvaney is bringing the agency’s activities within its statutory boundaries, he told attendees at the ABA Government Relations Summit this morning.