The recent departure of a high-ranking US consumer protection regulator, coupled with reports of weakened enforcement actions by the Consumer Financial Protection Bureau (CFPB), has sparked concerns about […]
CFPB Enforcement Chief Resigns in Protest of Trump-Era Bureau Cuts
A top official at the U.S. Consumer Financial Protection Bureau (CFPB) has resigned, alleging that the Trump administration’s dismantling of the agency’s enforcement power is hindering its ability […]
CFPB Chief Resigns in Fiery Departure Accusing Trump of Undermining Bureau’s Mission
The US Consumer Financial Protection Bureau (CFPB)’s top enforcement official, Cara Petersen, has resigned, citing the Trump administration’s aggressive restructuring as a key factor. In a scathing email […]
Connecticut’s Cryptocurrency Regulation: Consumer Protection at the Forefront
Connecticut’s recent legislative actions have sparked discussion about cryptocurrency regulations. While reports suggest a potential ban on Bitcoin investments, official records show no confirmed restrictions. The focus remains […]
Bipartisan Amendment Proposed for GENIUS Act: Focus on Consumer Protection and Regulatory Frameworks
The U.S. Senate has been presented with a draft amendment to the GENIUS Act, marked by bipartisan agreement. According to PANews, this proposal features provisions addressing consumer protection, […]
Bank of America Faces Allegations of Reimbursement Denial, Raising Concerns about Consumer Trust
Allegations are mounting that Bank of America is failing to reimburse customers for missing funds. A customer reports a significant sum of $38,000 disappearing from their account, yet […]
Illinois Senate Passes Bill to Regulate Crypto Businesses & Combat Fraud
The Illinois Senate has approved a groundbreaking bill aiming to regulate crypto businesses and curb fraud in the state. Dubbed the “Digital Assets and Consumer Protection Act” (SB […]