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Key Provisions of the Recently Enacted Consumer Protection Legislation

Changes Impact Credit Reporting, Veteran Lending, and Private Student Lending, Among Other Areas - On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) into...more

Regulatory Relief Legislation Eases Regulatory Burdens

On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) into law, taking the first step in paring back some of the post-crisis banking regulations imposed under...more

CFPB Seeks Comment on Proposed Changes to Prepaid Rule

On June 15, the Consumer Financial Protection Bureau (CFPB or the Bureau) issued proposed amendments to its Prepaid Account Products Final Rule (Prepaid Rule). The CFPB has proposed to amend Regulation E, which implements the...more

CFPB Issues Long-Awaited Prepaid Account Products Final Rule

On October 5, 2016, the Consumer Financial Protection Bureau (the Bureau or the CFPB) issued its final rule to extend certain federal consumer protections to the prepaid market.1 Specifically, the rule extends Regulation E...more

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