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CFPB Issues Interpretive Rule Clarifying that Sex Discrimination under ECOA and Regulation B Includes Sexual Orientation and Gender Identity Discrimination

CFPB Monitor

In addition, the CFPB issued a Request for Information (“RFI”) in July 2020 soliciting public comment to identify opportunities to prevent credit discrimination, promote access to credit, and encourage responsible innovation under ECOA and Regulation B.

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Fans and Foes of OCC True Lender Rule Spar at Senate Committee “Rent-a-Bank” Hearing

CFPB Monitor

Separately, eight attorneys general representing seven states and the District of Columbia have filed an action in federal district court in the Southern District of New York seeking to set aside the rule. Committee member questions addressed to the witnesses, and the responses, generally followed the same themes.

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It’s Not Easy Being Green: Cannabis Payments

PYMNTS

Seven other states have followed suit within the last five years, including the District of Columbia. That was one of the voices from the Innovation Project’s panel on “The State of Cannabis and Commerce in the U.S.,” What has not changed is how payments for marijuana transpire.

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Public Policy Predictions 2019: Regulatory Reforms Ahead

FICO

Court Appeals for the District of Columbia vacated key parts of the Federal Communications Commission (FCC) 2015 TCPA Order , which had created much confusion and sparked increased litigation. The FCC Will Issue a Major Declaratory Ruling on the Telephone Consumer Protection Act (TCPA). In March, the U.S.