News & Insights

  • Clear

Federal Student Loan Repayment Resumption Sparks Democratic AG Concern

A group of 19 Democratic AGs wrote a letter to the President and the Secretary of the U.S. Department of Education asking for stronger protections for borrowers as federal student loan payments resume following a three-and-a-half-year pause during the COVID-19 pandemic. In the letter, the AGs express concern that a number of circumstances will align…

Read More

CFPB Reminds Lenders that Algorithms Are Not a Shield for Discrimination

The CFPB released Consumer Financial Protection Circular 2022-03 and an accompanying press release detailing the agency’s position on the application of anti-discrimination laws to consumer lenders relying on so-called “black box” credit models that use complex algorithms or artificial intelligence to evaluate creditworthiness. Specifically, the Circular addressed the application of the Equal Credit Opportunity Act…

Read More

Google Sued over Alleged Failure to Keep Track of Campaign Ad Spending on Its Advertising Networks

Washington AG Bob Ferguson sued Google, Inc. over allegations that it failed to maintain appropriate records of political advertising revenues in violation of Washington’s campaign disclosure laws. The complaint alleges that Google failed to retain and make available to the public legally mandated information, including the cost of advertisements, and the names of the persons…

Read More