National bank preemption faces another Supreme Court showdown as circuit courts split on whether state laws requiring interest payments on mortgage escrow accounts are preempted by the National Bank Act. The Second Circuit's decision conflicts with First and Ninth Circuit rulings, while the OCC has issued regulations siding with preemption, prompting challenges from ten state attorneys general. This podcast explores whether state consumer financial laws can regulate national banks and when federal preemptio

We're pleased to announce the upcoming release of a new episode of the Consumer Finance Monitor Podcast, dropping Thursday, February 12 — just days before New York's landmark...

We were honored to host former New Jersey Attorney General Matt Platkin on our live webinar on January 17, 2025 where I conducted a "fireside chat" with him that, because of its popularity...

Countering an Executive Order issued by President Trump and the adoption by the CFPB of its final rule revising Regulation B, the New York Department of Financial Services recently issued an Industry Letter...

Today's podcast brings listeners a timely and insightful discussion as our panel examines the CFPB's proposed amendments to Regulation B under the Equal Credit Opportunity Act (ECOA).

Join host Alan Kaplinsky, founder and former longtime leader of Ballard Spahr's Consumer Financial Services Group and one of the foremost thought leaders in the industry...

Who purchases charged-off debt, and how do these transactions actually work? This episode explores the specialized world of debt buyers, examining how they evaluate portfolios through legal...

We recently blogged about President Trump's Truth Social post in which he announced his intent to impose a 10% per annum interest rate cap on credit cards...

The Federal Reserve has transferred funds to the Federal Reserve Bank of New York to pay the expenses of the CFPB for the third quarter of this fiscal year, according to a letter posted...

Mark Paoletta has assumed the role of Acting Director of the Consumer Financial Protection Bureau following Russell Vought's term expiration under the Federal Vacancies Reform Act. While President Trump's nominee Brian Johnson awaits Senate confirmation after his July hearing, the Bureau continues operating under acting leadership with Vought reportedly staying on as senior adviser.

Federal banking agencies and FinCEN have issued coordinated proposals to modernize anti-money laundering and countering the financing of terrorism compliance frameworks across financial services. This regulatory initiative represents a fundamental shift from traditional "check-the-box" compliance toward a risk-based, effectiveness-driven model that could reshape how institutions approach AML/CFT obligations. The proposals introduce new requirements for institutions to not only establish compliance programs

Earlier today, the Tenth Circuit entered an Order which granted the Petition for Rehearing En Banc filed by the plaintiff bank trade associations in the Colorado opt-out litigation...

The Ninth Circuit's recent decision in Amazon v. Perplexity raises critical questions about how existing computer fraud statutes apply to AI-powered shopping agents that operate through customer accounts. As retailers face increasing deployment of third-party AI tools on their platforms, this ruling provides crucial guidance on the limitations of traditional legal frameworks and the need for alternative enforcement strategies.

On July 1, 2026, the California Assembly’s Committee on Privacy and Consumer Protection passed SB 690, a bill that would amend the California Invasion of Privacy Act (CIPA) to cut off the flood of litigation...

On March 20, 2026, Oklahoma’s governor signed S.B. 546 making Oklahoma the latest state to enact a comprehensive state privacy law. The law, effective January 1, 2027...

On February 5, 2026, Governor Henry McMaster signed into law South Carolina's Age-Appropriate Code Design Act. South Carolina joins California, Maryland and Vermont...

The Washington State Legislature has recently introduced Senate Bill 6229 (and complementary House Bill 2292), which would impose the State's capital gains tax to gains realized from the sale...

With the Colorado legislative session coming to its waning days, many have been eagerly waiting for Colorado AI Act amendment proposals. Absent an amendment, the Colorado AI Act...

China's internet regulatory authority and top prosecutors have recently released a series of enforcement actions and cases, aimed at highlighting enforcement priorities in the data security realm over the last year.

The past year set up a clear clash between federal deregulatory efforts and state-level AI rulemaking, and 2026 is poised to be the year that conflict materializes...