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FDIC Encourages Participation with the Financial Institution Diversity Self-Assessment | Ballard Spahr LLP
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Great Southern Bancorp, Inc announces quarterly dividend
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The Biden administration has issued guidance explicitly extending to LGBTQ people the protections of the Equal Credit Opportunity Act. In issuing this interpretive rule, we re making it clear that lenders cannot discriminate based on sexual orientation or gender identity, Consumer Financial Protection Bureau acting director David Uejio stated March 9. The CFPB will ensure that consumers are protected against such discrimination and provided equal opportunities in credit.
The guidance comes as the bureau s answer to President Joe Biden s Day One executive order telling agencies to comply with the United States Supreme Court s 2020 decision in Bostock v. Clayton County, which itself held that a federal law Title VII of the Civil Rights Act of 1964 that bars discrimination on the basis of sex, also prohibits discrimination based on sexual orientation and gender identity.
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Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas. We understand that keeping on top of the rapidly evolving regulatory landscape is more important than ever for businesses seeking to offer new and ground-breaking technologies.
Regulatory Announcements
Money & the Law: Look to consumer protection agency to turn up the heat
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