Government appeals decision against Consumer Financial Protection Bureau

Government appeals decision against Consumer Financial Protection Bureau

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The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here.

For the second time in just over three years, the Supreme Court may determine the future of the federal watchdog agency that seeks to protect consumers in the financial sector.

Three terms ago in Seila Law v. Consumer Financial Protection Bureau, the justices ruled by a vote of 5-4 … Read the rest

Jackson’s financial disclosure reveals additional income in previous years

Jackson’s financial disclosure reveals additional income in previous years

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The court’s newest justice, Ketanji Brown Jackson, omitted information regarding reimbursements and teaching income when she filed her 2014 and 2016 financial disclosures as a federal district court judge. On a newly released disclosure form, Jackson wrote that she “inadvertently omitted” the information from the previous years’ forms.

Jackson’s new disclosure form, known as a “nomination filing,” was first revealed by the watchdog group Fix the Court on Wednesday. On it, Jackson noted that she did not report $ … Read the rest

Fintech and Financial Privacy: Regulatory Developments on the Use of Financial Data

So you’re a fintech startup, buying a fintech company, or expanding the technical capabilities of your financial business. Or you’re a tech company that is getting into the payments space. Where do you start when it comes to figuring out what consumer protection laws apply to you? You should be aware that, for the past several years, the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have been actively enforcing consumer protection laws in the fintech space. … Read the rest