Latest News
Showing the Latest Congressional Review Act (CRA) Results
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Law360: Group Seeks CFPB’s Prepaid-Rule Exchanges With GOP Foes
A liberal activist group sued the Consumer Financial Protection Bureau on Tuesday to hasten the agency’s turnover of correspondence with Republican senators who are seeking to eliminate credit card-like protections for prepaid card users.
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National Law Journal: How a Prepaid Card Company Emerged as a ‘Major Opponent’ to CFPB
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters.
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Reuters: Group Sues Over Proposal to Reverse New U.S. Rule on Prepaid Cards
A group that supports a new rule governing prepaid cards sued the U.S. Consumer Financial Protection Bureau on Tuesday for information that it says could reveal why Republicans are trying to reverse the regulation.
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ABC News: Group Files Suit Seeking Correspondence on Prepaid Rule
Progressive group files suit in the U.S. District Court for the D.C. to obtain correspondence between the Consumer Financial Protection Bureau and Senate offices regarding a Obama-era rule that protects prepaid credit card holders from predatory practices.
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Lawsuit Filed to Uncover Attempts by Senators and Prepaid Debit Card Company to Pressure CFPB
Netspend has given Sen. Perdue more than $33,000. Now he’s bending over backwards to make sure it can continue to rip off Americans.
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Report Highlights Sen. Perdue’s Prepaid Debit Card Corruption
Georgia senator using arcane legislative procedures to benefit major donor that just settled fraud charges with the FTC.
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Atlanta Journal-Constitution: Consumer Protection Rule Targeted by Perdue Would Benefit Campaign Donor
Allied Progress, a liberal advocacy group that pushes for tougher rules on Wall Street and payday lenders, is planning to kick off a television and digital ad campaign in the days ahead to pressure GOP senators to vote against Perdue’s bill.