Federal Consumer Protection News

Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB or Bureau) announced a $35 million settlement with Discover Bank, The Student Loan Corporation, and Discover Products, Inc. (collectively, Discover), resolving allegations that Discover violated a 2015 Bureau order, the Electronic Fund Transfer Act, and the Consumer Financial Protection Act (CFPA). Under the settlement, Discover…

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Update on CAFA and Attorney General Actions

In 2016, the Supreme Court decided in Hood v. AU Optronics1 that the Class Action Fairness Act (CAFA), which allows defendants in “mass actions” in state court to remove those cases to federal court, does not apply in parens patriae actions brought by the attorney general where the state is the sole named plaintiff. Lower…

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Fighting Corruption through International Cooperation

Public corruption investigations have resulted in record fines, numerous prison sentences, and even political fallout in several Latin American countries. The investigation and prosecution of Odebrecht scandal illustrates some of the ways that countries can work together to reduce public corruption.

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NAAG Supports Daniel’s Law

The Daniel Anderl Judicial Security and Privacy Act honors the memory of the son of Judge Esther Salas of the U.S. District Court for the District of New Jersey. Daniel was tragically killed on July 19, 2020, when an armed assailant—a deranged attorney who had appeared in a case before Judge Salas—appeared at her home and opened fire. Daniel was only 20. Judge Salas’s husband was also shot in the attack. 

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NAAG Recognizes Outstanding Award Recipients

Each year, the National Association of Attorneys General (NAAG) is proud to honor members of the attorney general community for their outstanding achievements and invaluable contributions to the work of the organization. These coveted awards honor the many efforts of the hardworking and passionate staff and leaders from attorneys general offices who devote their unique…

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NAAG Urges Congress to Extend CARES Act Spending Deadline

With COVID-19 cases rising daily in much of the country and many states still under a health emergency declaration, we urge Congress to amend the CRF program to allow state and local governments to spend the funding at least until December 31, 2021.

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Working Group Submits Recommendations to Congress for Preventing Illegal Robocalls

Washington, D.C. — The interagency robocall working group, of which the National Association of Attorneys General (NAAG) is a member, has shared a robocall report with Congress with recommendations for the prevention and prosecution of unwanted telemarketing calls. The working group was established under the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act. Signed…

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Attorneys General Urge Senate to Pass Law to Fight Shell Companies

As our States’ chief legal officers, we are concerned about the use of American financial institutions for money laundering by terrorist groups and other criminal enterprises.

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National Association of Attorneys General Statement Regarding 2020 Election

Washington, D.C. — The National Association of Attorneys General (NAAG) released the following statement today on behalf of a bipartisan coalition of 36 attorneys general, led by Massachusetts Attorney General Maura Healey and Montana Attorney General and NAAG President Tim Fox: “As state and territory attorneys general, our backgrounds and perspectives are as diverse as the…

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Attorneys General Endorse Bankruptcy Venue Reform Act of 2019

Corporations, however, can file in any district in which they are incorporated, have their principal place of business or principal assets – or in any district where an affiliated entity, no matter how small or recently created, has filed bankruptcy using any of these provisions.

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