Author Archives: Jeff Sovern

Cathy Lesser Mansfield paper on current payment scams

Cathy Lesser Mansfield of Case Western Reserve has written It Takes a Thief….and a Bank: Protecting Consumers from Fraud and Scams on P2P Payment Platforms. Here’s the abstract: This Article proposes statutory and regulatory changes to the Electronic Fund Transfer Act; Regulation E; and the Bank Secrecy Act/Anti-Money Laundering regulations to protect consumers who use instant […]

Trump to designate Andrew Ferguson to lead FTC and nominate Mark Meador as commissioner

So reports Bryan Koenig at Law360. Meador is a partner at Kressin Meador Powers and according to his bio has served at the FTC, DOJ and as a staffer for the Senate Judiciary Committee. He has considerable antitrust experience but I’m not sure what experience, if any, he has in consumer protection. Ferguson has been […]

Is this the zaniest attack on the CFPB yet?

Recently we blogged about Elon Musk’s call to delete the CFPB. Musk was responding to an interview by Marc Andreesen on Joe Rogan’s podcast in which Andreesen attacked the CFPB as “sort of Elizabeth Warren’s personal agency that she gets to control … it’s an independent agency that just gets to  . . . do what […]

David Horton article, Accidental Arbitration, discusses very broad arbitration clauses

David Horton of California, Davis has written Accidental Arbitration, 102 Wash. U. L. Rev. — (forthcoming 2025). Here’s the abstract: The Supreme Court’s muscular interpretation of the Federal Arbitration Act (FAA) has encouraged businesses to insert arbitration clauses in untold millions of contracts. However, this Article explores a subtler way in which arbitration’s kingdom is […]

Elon Musk is wrong to call the CFPB a “duplicative regulatory agency” and for it to be “deleted”

Earlier today, Elon Musk posted on X, formerly known as Twitter, that the CFPB should be deleted as a duplicative regulatory agency. I’m not sure why Musk considers the CFPB duplicative or what he thinks it is duplicative of (or if he himself knows), but it is simply wrong to call the CPB duplicative. Some […]

Steiger Fellowship provides paid consumer law summer internships for law students, including 1Ls

Here’s the announcement: The Janet D. Steiger Fellowship Project provides law students with the extraordinary opportunity to work in the consumer protection departments of state and territorial Offices of Attorneys General and other consumer protection agencies, as well as the National Association of Attorneys General and the Attorney General’s Office of the District of Columbia. […]

Andrea Boyack discusses her survey of abusive boilerplate terms on the Consumer Finance Monitor Podcast

Here. From the description of the episode: Today, we are joined again by Professor Boyack who has written a follow-up article entitled: “Abuse of Contract: Boilerplate Erasure of Consumer Counterparty Rights,” University of Missouri School of Law Legal Studies Research Paper No. 2024-03, which is the subject of our new show. The abstract of her […]

Berkeley Center for Consumer Law & Economic Justice hiring policy director

We received the following announcement: We’re Hiring A Policy Director! At the UC Berkeley Center for Consumer Law & Economic Justice, we work to establish equity and fairness in the marketplace. We believe that building economic justice means developing and enforcing laws that fight fraud and deception, that protect low-income communities and communities of color, […]