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ARTICLE · 14 JULY 2014

State AGs In The News - July 3rd, 2014

Blank Rome
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The Consumer Financial Protection Bureau (CFPB) continues to assert itself in the consumer credit card market.

United StatesAntitrust/Competition Law
Bernard Nash
Bernard Nash
Maria Colsey Heard
Maria Colsey Heard
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CFPB Exercises Both Supervisory and Enforcement Authority

  • The Consumer Financial Protection Bureau (CFPB) continues to assert itself in the consumer credit card market, exercising both its supervisory and enforcement authority in finding that GE Capital Retail Bank, now operating as Synchrony Bank, allegedly engaged in discriminatory and deceptive practices against consumers.
  • The two-part settlement reached with the CFPB and the U.S. Department of Justice orders GE Capital to pay a record $225 million. To learn more, please read our blog post about this settlement.

Antitrust

Massachusetts Attorney General Reaches Final Agreement With Partners HealthCare

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