Our team published new content and podcasts to the Consumer Financial Services Law Monitor throughout the month of January. To catch up on posts and podcasts you may have missed, click on the links below:


Auto Finance

CFPB Releases Report Highlighting Auto Lending Challenges for Servicemembers

Fifth Circuit Vacates FTC’s CARS Rule


Banking

NCUA’s New Board Chairman Hauptman Outlines His Priorities for Agency

NCUA Releases its 2025 Supervisory Priorities

New York Federal Court Grants Bank’s Motion to Dismiss in Wire Fraud Case Involving Elderly Customer


Consumer Financial Services

Fourth Circuit Holds SCRA Does Not Bar Mandatory Arbitration in Consumer Agreements, Forcing Portion of Class Action Into Arbitration

Florida Court of Appeals Holds Personal Claims Under the FCCPA are Not Assignable


Consumer Financial Protection Bureau

CFPB Releases Report on Auto Repossessions

CFPB Issues Compliance Aid on Electronic Fund Transfers

The CFPB Issues Revised Sandbox and No-Action Letter Policies

CFPB Rescinds 2020 Advisory Opinion on Earned Wage Access Product

CFPB Highlights Fair Lending Risks in Advanced Credit Scoring Models

CFPB Blog Post Encourages Industry to Do More to Serve LEP Consumers

CFPB Issues a Roadmap for States Days Before Trump Takes Office

CFPB Renews Attempt to Regulate Crypto by Applying Reg E to Stablecoins and Other Digital Payment Mechanisms

CFPB Releases Report Highlighting Consumer Use of Buy Now, Pay Later Products

CFPB Introduces New Rule Banning Certain Contractual Provisions in Consumer Financial Agreements

CFPB Approves Financial Data Exchange as Open Banking Standard Setter

Trade Associations File Challenge to CFPB’s Rule on Medical Debt in Consumer Reports

CFPB Finalizes Rule to Remove Medical Bills from Consumer Reports


Credit Reporting + Data Brokers

Seventh Circuit Reverses Summary Judgment in FDCPA Debt Dispute Case

Federal Court Allows FCRA Claim to Proceed Over Alleged Unauthorized Credit Pulls


Debt Buyers + Collectors 

NYC DCWP Further Delays Effective Date of Amended Debt Collection Rules


Regulatory Enforcement + Compliance

Alaska Proposes Amendments to Small Loan Act Targeting Banking-as-a-Service Programs

New Year = New Earned Wage Access Legislation in New York

Misleading Artificial Intelligence Claims by Marketer of Website Accessibility Widget Lead to $1 Million FTC Settlement

IRS Finalizes New Rules for DeFi Brokers: Challenge Immediately Filed in Texas Federal Court


Telephone Consumer Protection Act (TCPA)

Third Circuit Denies Class Certification But Upholds TCPA’s Restrictions on Unsolicited Fax Advertisements

Eleventh Circuit Vacates FCC’s One-to-One Consent Rule; FCC Issues Stay

Supreme Court Hears Oral Arguments on the Scope of Judicial Review Under the Hobbs Act


Podcasts

The Consumer Finance Podcast – The Evolving Landscape of Earned Wage Access Regulation

The Consumer Finance Podcast – Introducing the Consumer Financial Services Year in Review Series: A Look at What’s to Come

The Consumer Finance Podcast – TCPA Trends: 2024 Year-in-Review and 2025 Predictions

The Consumer Finance Podcast – Launching a Product Too Soon? Lessons From Recent CFPB Orders

The Consumer Finance Podcast – Troutman Pepper Locke – The Powerhouse Merger

The Crypto Exchange – Unpacking the Fifth Circuit’s Landmark Tornado Cash Decision

FCRA Focus Podcast – Recent Developments in California’s Arbitration Landscape

Moving the Metal: The Auto Finance Podcast – Auto Finance Under the Microscope: Unpacking Landmark FTC and AG Settlements

Payments Pros Podcast – 2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part One

Payments Pros Podcast – Navigating Consumer Protection: The CFPB’s Expanding Reach


Newsletters

Weekly Consumer Financial Services Newsletter – Week of January 27, 2025

Weekly Consumer Financial Services Newsletter – Week of January 20, 2025

Weekly Consumer Financial Services Newsletter – Week of January 13, 2025

Weekly Consumer Financial Services Newsletter – Week of January 6, 2025

Insight Industries + Practices