The Consumer Financial Protection Bureau (CFPB)
has done the hard work of protecting US consumers since it was
created in 2010. Now a U.S. Court of Appeals decision has ruled the
CFPB’s structure unconstitutional, subjecting the agency and
consumer safety to the political system.
Wednesday, October 26, 2016
Wednesday, October 19, 2016
What Happens When the Jury Gets it Wrong?
Wednesday, October 12, 2016
U.S. Agency Blocks Arbitration in Nursing Home Contracts
Nursing homes house some of America’s most vulnerable populations. Residents are at risk for elder abuse and neglect, as well as medical problems. But until recently, arbitration clauses have kept the victims of assisted living facilities out of court. Now the U.S. Centers for Medicare and Medicaid Services is putting a stop to that.
Wednesday, October 5, 2016
Michigan Attorney General Sues Anti-Addiction Drug Company for Anti-Trust
Michigan Attorney General Bill Schutte jointed a multi-state lawsuit against MonoSol Rx and Reckitt, the makers of Suboxone, claiming the company performed illegal anti-trust activities to prevent competition and drive up the cost of the drug. If the law is successful, consumers suffering opioid addiction could be able to get help for a lot less money.
Wednesday, September 28, 2016
Gas Pump Credit Card Skimmers Under Pressure from New Michigan Bill
If you drive a car in Michigan, you’ve probably used a gas station’s “pay-at-the-pump” machines. You know how convenient it is to pump and pay without the trouble of heading inside. But that same convenience makes it easy for scammers to use credit card skimmers to steal your identity. A new bill hopes to stop that.
Wednesday, September 21, 2016
Wells Fargo Pays Biggest Fine Ever to CFPB for Setting Up Fraudulent Accounts
Imagine discovering that your bank has been moving your funds into a bank account you never authorized. Or worse, a credit card account. Wells Fargo is under the Consumer Financial Protection Bureau’s microscope after its community banking division was caught opening fraudulent accounts at its customers’ expense.
Wednesday, September 14, 2016
Samsung Galaxy Note 7 Explosions Prompt Recall
Imagine bringing home a brand new smartphone, plugging it in to charge, and having it explode or catch on fire. That’s what happened to over 30 buyers of the new Samsung Galaxy Note 7. Now Samsung has halted sales and instituted an unofficial recall worldwide.
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