The Consumer Financial Protection Bureau has posted Protecting your finances during the Coronavirus Pandemic.
Author Archives: Brian Wolfman
Jacqueline Howard of CNN explains here that "the US Food and Drug Administration issued a final rule Tuesday that requires tobacco companies to place new graphic health warnings on cigarette packages and in advertisements. Beginning on June 18, 2021, the new cigarette health warnings will be required on cigarette packages and in advertisements, occupying the […]
Trump tweeted yesterday that "Only [suspending the payroll tax] will make a big difference!" (my emphasis). Yet Congress appears uninterested. And Trump himself just endorsed Nancy Pelosi's bill, which doesn't touch the payroll tax. For more on why, on policy grounds, Trump didn't get his way, read Why Trump isn’t getting the payroll-tax cut he […]
Will Trump sign or veto? That topic is addressed in this article by CNN's Katie Lobosco. For other coverage, go here and here. This NYT's piece by Erica Green and Stacy Cowley does a nice job explaining the restrictive DeVos rule. Here's an excerpt from the CNN article: Senate Republicans joined Democrats Wednesday to overturn a […]
The National Consumer Law Center has issued this press release, entitled "CFPB Fails to Protect Consumers From Abusive Collection of Time-Barred Debts (Again)," which, among other things, castigates the CFPB for failing to flat-out "ban collection of time-barred debt in and out of court."
Law profs Dalie Jimenez and Jonathan Glater have written Student Debt is a Civil Rights Issue: The Case for Debt Relief and Higher Education Reform for the Harvard Civil Rights-Civil Liberties Law Review. Here is the abstract: For an ever-growing number of students aspiring to higher education, borrowing is essential. Yet the burdens of indebtedness […]
The Consumer Financial Protection Bureau has published Five ways to recognize a Social Security scam. Last summer, the agency warned in this short memo about the increasing number of scams aimed at getting social-security numbers or benefits. It explained how to identify scams (as opposed to legit inquiries from the Social Security Administration) and how consumers […]
Isn't that why the HR director at Wells Fargo, in explaining why his company was getting rid of forced arbitration of sexual-harassment claims, observed that "Wells Fargo has zero tolerance for sexual harassment"? So, for really bad stuff, it's only fair to let people go to court. Is that it? Does the company tolerate just […]
Law prof CJ Ryan has written Paying for Law School: Law Student Loan Indebtedness and Career Choices. Here is the abstract: Student loan debt has reached crisis levels, topping $1.64 trillion dollars this year and surpassing credit card debt to become the second largest source of debt held by Americans. When discussing student loan debt, […]
I was surprised to see this headline given Trump's reverence for education and that he once headed a university himself. But it appears to be true. In Trump looks to kill student loan forgiveness program, Annie Nova explains that As student debt continues to climb, President Donald Trump on Monday released a budget for 2021 […]