The Federal Trade Commission this week sued fitness operators Fitness International LLC and Fitness & Sports Clubs, LLC for using cancellation procedures that made it difficult for consumers to unsubscribe from their monthly memberships. The complaint alleges that the gyms’ practices have incurred hundreds of millions of dollars in unwanted recurring charges. According to the […]
Over at the Consumer Finance Monitor blog, Alan Kaplinsky has questioned the legal authority for President Trump’s Executive Order barring so-called debanking; that is, when banks close bank accounts based on someone’s political views. The blog post argues that to the extent that the EO is based on the CFPB’s and FTC’s unfairness powers, it […]
That’s one of the many issues raised by Seth Frotman & Brad Lipton’s short article in the California Law Review Online, The Greatest Trick John Roberts Ever Pulled: Convincing the World that Rigged Courts Are Neutral. Here’s some of what they say about disclosures: [T]he Roberts court has destroyed any justification for a disclosure-based consumer protection […]
In 2024, various telecom industry associations sued the FCC in the Sixth Circuit, challenging an order that imposed reporting requirements in the event of data breaches involving consumers’ personally identifiable information. Last week, the Sixth Circuit rejected those challenges. First, it held that the order was within the scope of the FCC’s authority under the […]
Last Monday, the California Supreme Court issued its decision in Hohenshelt v. Superior Court of Los Angeles County, and held that California Code of Civil Procedure section 1281.98, a provision of the California Arbitration Act that governs the payment of fees in employment and consumer arbitrations, is not preempted by the Federal Arbitration Act. That provision […]
You can see the advance notices of proposed rulemaking if you scroll down here. Of course, that presupposes that there will be any supervision.
Here is a discussion of that, on Ballard Spahr’s Consumer Finance Monitor Podcast.
Here, by Joel Jacobs. Which makes it harder to understand why Congress just voted to cut the Bureau’s budget.