CFPB seeking applications for spots on its advisory committees

The Consumer Financial Protection Bureau seeks applications for spots on its advisory committees: To be sure that we hear from a variety of experts with diverse viewpoints, we set up the Consumer Advisory Board, the Community Bank Advisory Council, the Credit Union Advisory Council, and the Academic Research Council.  These advisory committees provide us with […]

2019 List of Schools Teaching Consumer Law

by Jeff Sovern Five years ago, I posted a list of law schools teaching consumer law, as compiled by my then-research assistant Preston Postlethwaite.  I've received requests to update the list, and so I asked another research assistant, Sara Krastins, to do so. Sara examined the web sites for the 204 ABA-approved law schools (she […]

They Collect Debts, But They Ain’t Debt Collectors – So Says the Supreme Court

In its latest foray into the poorly drafted provisions of the Fair Debt Collection Practices Act, the Supreme Court unanimously decided today in Obduskey v. McCarthy & Holthus LLP that entities who engage in nonjudicial foreclosure either regularly or as their principal business are not (for that reason) "debt collectors" within the meaning of the […]

Lobbyists scuttle consumer product safety rules

The online journal FairWarning this week reported on how lobbyists from the law firm Bracewell LLP have "specialized in helping product makers thwart rulemaking by the Consumer Product Safety Commission." One after another, industries have turned to Bracewell to fight unwanted federal standards, and they have not been disappointed. Along with the [recreational off-highway vehicle] […]

Anne Fleming: Consumer rights are worthless without enforcement

In The Conversation. Excerpt: Compared with 1962, when President Kennedy put consumer concerns on the national agenda, ordinary Americans now have far more robust rights to safety, to information, to choice and to a fair hearing. But consumer rights do not enforce themselves. Public enforcement requires funding and willing leaders. Private enforcement requires legal devices […]

“Dormant: The Consumer Financial Protection Bureau’s Law Enforcement Program in Decline”

That’s the title of a new report from Chris Peterson at the Consumer Federation of America. According to the executive summary: This study analyzes whether the CFPB, under the Trump Administration, is delivering on its statutory law enforcement objectives and stated commitments to take aggressive action in the area of consumer law enforcement, particularly where […]

Bradley Paper: The Consumer Protection Ecosystem

Christopher G. Bradley of Kentucky has written The Consumer Protection Ecosystem: Law, Norms, and Technology. Here is the abstract: Consumer law provokes fierce policy debate on issues from identity theft to online privacy, from arbitration clauses and class action lawsuits to Americans’ accumulation of debt and the unsavory practices sometimes used to collect. Pervasive technology in […]