Touting it as containing “the strongest protections in the country against debt collector harassment,” New York City’s Department of Consumer and Worker Protection (DCWP) yesterday published its “Stopping Harassment and Intimidation and Ensuring Lawful Debt (SHIELD) Collection Rule.” According to DCWP, the rule “allow[s] New Yorkers to dispute their debt at any time, further limiting […]
Matthew Gaske of Indiana University – Kelley School of Business has written State Attorneys General and Federalist Technology Regulation. Here’s the abstract: Consumers are adopting novel technologies at increasing rates. These technologies’ versatility requires policymakers to weigh regulatory tradeoffs of increasing complexity. New laws addressing consumer-technology risks are slow to emerge, incoherent, or avoidable. Meanwhile, federal […]
The student loan delinquency rate for student loan borrowers grew from roughly zero to nearly 25 percent in 2025, according to a devastating report from The Century Foundation and Protect Borrowers. The report found that nearly 9 million student loan borrowers—or, one out of every five borrowers—are in default. Further, 3/4 of borrowers moving from […]
The UC Berkeley Center for Consumer Law & Economic Justice and the Alexander Blewett III School of Law at the University of Montana are proud to present the fourteenth biennial international Teaching Consumer Law Conference. We are also excited to announce that this conference will constitute the first-ever North American (and Caribbean/Central American) Regional Meeting of the […]
As part of its campaign to make America cruel again, the Trump Administration is reportedly considering an executive order that would require banks to verify citizenship information of current and future customers. The reports do not indicate the legal authority that the Administration would rely upon, or what problem this requirement would be addressing. Such […]
Here. Excerpt: The F.T.C.’s chairman, Andrew Ferguson, appears to be testing a novel theory: that editorial judgment can be regulated as a deceptive trade practice. In this view, a news organization’s slogan — such as “fair and balanced” or “without fear or favor” — is no longer a statement of mission but a marketing claim […]
. . . February 24 at 2:00 p.m. Eastern.
As we have reported in the past, the Dodd-Frank Act requires that the CFPB’s director “shall appear before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services and the Committee on Energy and Commerce of the House of Representatives at semi-annual hearings.” But it appears that Acting Director […]
Here, on Ballard Spahr’s Consumer Finance Monitor podcast.
Rajashri Chakrabarti of the Federal Reserve Bank of New York, Daniel Garcia of the Columbia Business School, Donald P. Morgan, also of the NY Fed, and Lee Seltzer of the NY Fed have written Less for You, More for Me: Credit Reallocation and Rationing Under Usury Limits. Here’s the abstract: Many states have capped consumer […]