NACA in the News: White House plans to scale back powers and budget of CFPB

Financial Times White House plans to scale back powers and budget of CFPB Download PDF

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NACA Joins Letter to Congress Calling for Student Debt Cancellation

…other community, civil rights, consumer, and student advocacy groups sent a letter to congressional leaders urging them to insist on student cancellation in the next COVID-19 relief package. Download PDF

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Consumer Groups Submit Comments in Support of FTC’s Negative Option Rule

…on a comment to the Federal Trade Commission in support of its proposal to strengthen its Negative Option Rule which would better protect consumers from deceptive subscription services. Download PDF

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NACA Opposes Bill that Would Provide Immunity to Health Care Industry

…to congressional leaders urging them to oppose H.R. 7059, the Coronavirus Provider Protection Act, which would grant health care services and entities, including nursing homes, immunity from lawsuits. Download PDF

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NACA Joins Letter Calling for Accountability for Higher Education

NACA joined a letter to congressional leaders urging them to strengthen oversight of COVID-19 related aid to higher education institutions, particularly for-profit colleges, in any future relief packages. Download PDF

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Petition to FTC on Yo-Yo Auto Sales

Petition for rulemaking to the Federal Trade Commission urging the agency to take action to ban deceptive yo-yo auto sales. Download PDF

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NACA Tells Senate Committee CFPB’s Performance has been “Lackluster”

…light of the extraordinary health and economic crisis this country now faces, puts the U.S. financial marketplace and the millions of consumers who participate in it at risk.” Download PDF

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NACA Tells House Committee CFPB Can Do More During Pandemic

NACA sends letter to House Financial Services Committee in anticipation of a hearing on the Consumer Financial Protection Bureau’s semi-annual report. Download PDF

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Groups Send Letter to Congress Opposing Earned Wage Access Bill

…Earned Wage Access Consumer Act. The draft bill would obscure the true cost of using earned wage access services by exempting providers from the Truth in Lending Act. Download PDF

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