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This Week In Credit Card News: Concerns Rise On Consumer Spending - Vimarsana News

This Week In Credit Card News: Concerns Rise On Consumer Spending

What took place this week in the credit card and payment industries

Source: forbes.com
Supreme Court Hesitant To Upend Consumer Financial Protection Bureau - Vimarsana News

Supreme Court Hesitant To Upend Consumer Financial Protection Bureau

The Supreme Court's justices seemed to be hesitant to upend the Consumer Financial Protection Bureau (CFPB) which is currently facing a Constitutional challenge.

Source: hngn.com
Payday Lenders Get Their Asses Handed To Them During Anti-CFPB Supreme Court Arguments - Vimarsana News

Payday Lenders Get Their Asses Handed To Them During Anti-CFPB Supreme Court Arguments

The case to dismantle the CFPB ran into a hammer from the three liberal justices and marked skepticism from at least two of the conservatives.

Supreme Court's new term to take on federal agency powers in earnest - Vimarsana News

Supreme Court's new term to take on federal agency powers in earnest

Tuesday’s battle over the Consumer Financial Protection Bureau (CFPB) is the first in a string of Supreme Court cases this term that could dramatically reel in bureaucratic power. The court is taking on the authority of federal agencies in earnest this term, with several high-profile arguments implicating the administrative state still to come. Among the…

Source: yahoo.com
'Tectonic shifting' possible in SCOTUS consumer case - Vimarsana News

'Tectonic shifting' possible in SCOTUS consumer case

After the 2008 financial crisis, Congress created the Consumer Financial Protection Bureau to protect consumers from things like excessive and predatory fees. But a new case before the US Supreme Court could gut the CFPB.

Source: yahoo.com