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New CFPB ruling favoring group lawsuits called bad for America

John Sammon Jul. 26, 2017, 12:13am

A new rule from the U.S. Consumer Financial Protection Bureau (CFPB) that makes it easier for people to file class-action lawsuits against a bank or credit card company would make society yet more litigious, some attorneys say.

CFPB's new rule 'large gift for class action lawyers'; Court challenges coming

John O'Brien Jul. 13, 2017, 12:39am

As the director of a federal consumer protection agency seemingly fights for his job, he has gone ahead with plans to finalize a controversial rule – and a court challenge seems imminent.

CFPB targets tribal lenders for breaking state usury laws, could have far-reaching impact

Mike Helenthal May 12, 2017, 9:08am

An expert on consumer financing law says a recent action filed by the Consumer Financial Protection Bureau in Chicago federal court could have far-reaching effects on tribal lending, and more generally, restrict the availability of some forms of consumer credit.