Payment Provisions News Today

details at 11." a huge win for republicans on capitol hill by a vote of 217-215. house republicans passed a bill to raise the debt limit. but they/federal government spending by a whopping $4.8 trillion. the bill will prevent a federal default unless senate democrats and joe biden get in the way. speaker mccarthy will tell us about it and he will weigh in tonight and also tonight a brand-new whistle-blower allegation involving the biden white house and a child trafficking operation. th...

Legislation addressing Medicare payments and mental health and pharmacy benefit managers (PBMs) advanced through the Senate Finance Committee on Wednesday in a nearly unanimous vote. Other than Sen. Ron Johnson (R-Wis.) who did not vote, 26 members of the panel voted to advance the package, adding to the bipartisan pressure for Congress to act on…

The Consumer Financial Protection Bureau (CFPB) receives its funding directly from the Federal Reserve, rather than from the usual…

The Consumer Financial Protection Bureau (CFPB) has once again faced constitutional challenges. On Oct. 19, 2022, the U.S. Court of Appeals for the Fifth Circuit held that the agency's...

On 26 July 2022, the Centers for Medicare & Medicaid Services (CMS) published the 2023 Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) Payment...

On 5 October 2021, the Development Bureau (DevB) published the Technical Circular (Works) No.6/2021 for the implementation of security of payment provisions in public work contracts...

On August 31, 2021, the United States District Court for the Western District of Texas issued an opinion upholding the Consumer Financial Protection Bureau’s (CFPB) Rule regulating...

The U.S. District Court for the Western District of Texas recently upheld the Payment Provisions in the CFPB’s 2017 rule on payday, vehicle title, and certain high-cost installment...

As the old saying holds, cash-flow is the life blood of the construction industry. In 2021, Hong Kong looks set to join Singapore, Australia and other jurisdictions in implementing a Security of Payment regime to regulate payment practices and provide a system to protect cash flow in the construction industry. As a first step, the Hong Kong Development Bureau has released consultation drafts of a Technical Circular annexing draft Security of Payment provisions for inclusion in public works cont...

To embed, copy and paste the code into your website or blog: With the change of administration in Washington, the Consumer Financial Protection Bureau (the “CFPB” or “Bureau”) is widely expected to assume a posture of aggressive enforcement of consumer protection laws. One area that we anticipate will receive heightened scrutiny is payday lending, a form of lending that typically involves small, short-term loans at high interest rates. Under new leadership, the CFPB may seek to require ...