Consumer Finance Monitor

Eighth Circuit Invalidates Federal Reserve’s 21-Cent Debit Card Interchange Fee Cap, Holding That the Durbin Amendment Requires a Transaction-Specific Cost Analysis

The Eighth Circuit’s October 26, 2026 unanimous decision in Corner Post, Inc. v. Board of Governors of the Federal Reserve ...
Consumer Finance Monitor

State AGs Oppose OCC’s Bid to Pause Challenge to Rules Preempting State Mortgage Interest-on-Escrow Laws

The ten states challenging the Office of the Comptroller of the Currency’s (OCC) new interest-on-escrow rules are urging a ...
Consumer Finance Monitor

Greenway Automotive Settles FTC Overcharging Allegations

Greenway Automotive has agreed to settle FTC allegations that the company charged consumers thousands of dollars more than it ...
Consumer Finance Monitor

CFPB won’t force employees to move to D.C., The American Banker reports

The CFPB will not force regional workers to move to Washington, D.C., The American Banker reported. The Bureau had threatened ...
Consumer Finance Monitor

New York City Proposes Sweeping Rules for Automated Customer Service Systems, Including Mandatory AI Disclosure and Access to Human Representatives

Executive Summary On October 20, 2026, the New York City Department of Consumer and Worker Protection (DCWP) proposed rules ...
Consumer Finance Monitor

Another Housing Cost Executive Order

Recently President Trump issued another Executive Order addressing housing costs, along with a related fact sheet. The ...
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Podcast Release: The Future of Consumer Reporting with CDIA President Dan Smith

The consumer reporting system is undergoing rapid change, raising important questions for financial institutions, consumer reporting agencies, data furnishers, and consumers. In this week’s episode of ...