With Trump signing repeal of CFPB overdraft rule, ABA to drop lawsuit
President Trump has signed into law an ABA-championed resolution overturning the CFPB’s limits on overdraft fees.
Legal
ABA, plaintiffs push back against state claims in Illinois interchange lawsuit
ABA and other plaintiffs said the court has already recognized that an Illinois law restricting certain interchange fees is preempted...
Fifth Circuit dismisses appeal of UDAAP lawsuit
The Fifth Circuit Court of Appeals granted a request by the CFPB and ABA and other plaintiffs to end a...
CFPB asks court to vacate medical debt rule
The CFPB has reached an agreement to end a lawsuit challenging its medical debt reporting rule by acknowledging the rule...
CFPB to ‘deprioritize’ small-business lending data collection enforcement
The CFPB will not prioritize enforcement of its Section 1071 small-business lending data collection rule for businesses not covered by...
CFPB agrees to end UDAAP lawsuit
ABA, the Texas Bankers Association and other plaintiffs announced they have reached an agreement with the CFPB to end a...
ABA Viewpoint: The cost of standing still
The regulators’ plodding pace and outdated methods for reviewing bank mergers hurts bank customers and local communities.
Court orders pause for southwest border geographic targeting order
A federal court in California issued a temporary restraining order preventing enforcement of a FinCEN order requiring money services businesses...
ABA Regulatory Policy and Compliance Inbox: Account error resolution requirements
Discerning special exceptions under Regulation E and demographic information requirements under Regulation B.
Court vacates CFPB credit card late fee rule
A federal court vacated the CFPB’s rule on credit card late fees a day after ABA and other plaintiffs reached...
