A bipartisan coalition of 23 AGs and several state banking regulators submitted a comment letter urging the OCC to withdraw two proposals addressing mortgage escrow accounts—an escrow rule and a related preemption determination that would preempt certain state laws requiring national banks to pay minimum interest on mortgage escrow accounts. In the letter, the states…

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A coalition of 48 AGs led by Connecticut AG William Tong reached separate settlements with Lannett Company, Inc. (“Lannett”) and Bausch Health US, LLC/Bausch Health Americas, Inc. (“Bausch”) in generic-drug antitrust litigation. The states allege the companies participated in long-running conspiracies to fix prices and otherwise restrain competition in the generic drug market, including through…

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A bipartisan coalition of 35 AGs, co-led by Connecticut AG William Tong, North Carolina AG Jeff Jackson, Pennsylvania AG Dave Sunday, and Utah AG Derek Brown, sent a letter to xAI, urging the company to take additional steps to prevent its AI chatbot, Grok, from generating and disseminating AI-created nonconsensual intimate images (NCII), including content…

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A group of 20 Republican AGs, led by West Virginia AG J.B. McCuskey, submitted a comment letter to the U.S. Environmental Protection Agency and Army Corps of Engineers supporting the agencies’ updated definition of “waters of the United States” (WOTUS). The comment letter follows the agencies’ proposed rule that narrows the scope of federally regulated waters and reverses prior expansions of federal jurisdiction.

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Capital One reached a $425 million class action settlement with its 360 Savings customers, resolving claims that the bank misled customers and deprived them of higher interest payments over several years. A bipartisan coalition of AGs opposed an earlier proposed settlement for significantly less money, arguing that it would have shortchanged 360 Savings customers. The…

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