A group of twenty-two Democratic AGs sued Russell Vought, in his official capacity as Acting Director of the CFPB, alleging that his actions to dismantle the agency are unlawful. According to the complaint, Vought has sought to effectively shut down the CFPB by attempting to lay off roughly 90 percent of its staff and refusing…

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In Law360, Keturah Taylor, Brett Watson, and Maryam Arshad discuss what the new era of state-led enforcement means for financial institutions, fintech companies, and other consumer finance providers and why they must adapt their compliance and regulatory response strategies.

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By: Emily Yu The National Association of Attorneys General (NAAG) hosted its yearly Capital Forum in Washington, D.C. between December 8 and 10, 2025.  Panels touched on new developments in technology and longstanding areas of AG interest alike, but all centered around goods and services consumed by nearly every American. Social Media and AI Hawaii…

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Seven Democratic AGs, co-led by North Carolina AG Jeff Jackson, sent letters to the six largest Buy-Now-Pay-Later (BNPL) providers seeking information about their lending practices and whether they are complying with state consumer protection laws. In their letters, the AGs note that point-of-sale financing has become increasingly common in online shopping. They raise concerns that…

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Colorado AG Phil Weiser led a group of 23 Democratic AGs in filing an amicus brief in Trump v. Cook, urging the U.S. Supreme Court to reject President Trump’s request to immediately remove Federal Reserve Governor Lisa Cook from her position. A lower court had previously enjoined Cook’s removal pending resolution of the case. In…

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