Fashion Nova owes customers $2.4 million after hiding negative reviews, feds say
Fashion Nova blocked negative reviews from appearing on its website, federal authorities said. Now, the fast-fashion retailer owes nearly $2.4 million in refunds. The Federal Trade Commission on ...
JD Supra5h
CFPB Proposes a New Rule Prohibiting Certain Contractual Terms for Consumer Financial Products
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in ...
The Savings Game: Does your financial adviser have a conflict of interest?
There was a very interesting article written by Jason Zweig in the Wall Street Journal recently that pointed out that many financial advisers are coming under increased pressure to satisfy the ...
Is there an easier way to cancel subscriptions?
By Kimberly Palmer, NerdWallet One frustrated Reddit user recently shared that canceling a subscription seemed impossible. They had used a now-defunct work email address to sign up for a web services ...
He Expected Trump to Fire Him, but Rohit Chopra Still Has His Job
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
Trump firings tee up broader legal clash over congressional power
President Donald Trump’s firings sets up another major legal clash over Congress’ power to put limits on the removal of ...
Financial IT1d
CFPB Updates List of Consumer Reporting Companies
Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell ...
The Stanford Review1d
Debanking is the New Censorship
You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an ...
Impacts1d
Financial Rights Education Platforms: Understanding Consumer Protections
Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as ...
It's Time To Shutter The Consumer Financial Protection Bureau
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Trump’s Firing of NLRB Member Could Spark Review of Supreme Court Precedent
President Donald Trump's firing of Gwynne Wilcox spurred the now former NLRB member to say she will be "pursuing all legal ...