CBA warns Congress about overreach in robocalling rules


The Consumer Bankers Association on Wednesday asked lawmakers to rein in regulations that were meant to prevent robocalls but that the group says have inadvertently captured legitimate calls.


CFPB handled over 84K debt collection complaints last year: Report


In the joint report with the Federal Trade Commission on debt collection practices, the CFPB said it had initiated four enforcement actions last year, had resolved one case and has five others pending.


Equifax cites 'ongoing investigation' by CFPB, other agencies


The Consumer Financial Protection Bureau is among several agencies that "continue to investigate events related to" last year's Equifax brief, the credit reporting firm said in a securities filing.


PayPal settles Venmo disclosure complaints with the FTC


The Federal Trade Commission contends Venmo misled consumers on funds availability and security disclosures.


Warren, Warner propose 'massive' fines for data breaches at credit reporting agencies


The two senators are set to introduce a bill that would force such firms to pay $100 per customer whose personal information was compromised.


FDIC fines Wisconsin bank and other lenders for overcharging military members


The regulator said that the Bank of Lake Mills, Freedom Stores and Military Credit Services violated the FTC Act.


Netspend agrees to $53M settlement of FTC allegations


The prepaid card issuer was accused of deceiving customers in ads claiming that getting approved was easy, and funds would be available right away.


Auto lenders' use of kill switches being probed by FTC


The Federal Trade Commission is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments.


FTC names new consumer protection chief


Most recently Thomas Pahl worked on debt collection and credit reporting issues as a partner at Arnall Golden Gregory in Washington.


FTC's top consumer protection official resigns


Jessica Rich, who joined the agency in 1991, is stepping down in mid-February, the FTC announced Tuesday.