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2022 Midterm Elections - Key Takeaways Continue Reading
Washington D.C. Update The primary season ended in mid-September, and Congress has now departed Washington until after the midterm elections. Congress was able to avert a government shutdown by passing a continuing resolution (CR) late last week that was signed by President Biden. Not only does... Continue Reading
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Washington D.C. Update The month-long summer recess has officially come to an end as Congress prepares for the final stretch before the November midterm elections. Congressional Democrats passed the Inflation Reduction Act into law in early August, marking a key legislative victory for the Biden... Continue Reading
For the first time this year, the CFPB released new Debt Collection Rule FAQs. Continue Reading
The Consumer Financial Protection Bureau (CFPB) on May 9, 2022 published an advisory opinion that affirms the Equal Credit Opportunity Act (ECOA) applies to lenders from the application process and extends through the life of the loan. Continue Reading
CFPB Director Rohit Chopra testified this week before both Senate Banking and House Financial Services Committees regarding the Bureau’s Semi-Annual Report. Both hearings had contentious moments. Republicans continue to define the Agency as “unaccountable” and accuse Director... Continue Reading
On Tuesday of this week, NCBA’s Annual Hill Day included meetings with Members of Congress and their staffs from both sides of the aisle and from both the House and Senate. This event was a great success because of the participation of more than 2 dozen NCBA member attorneys who... Continue Reading
We look forward to our upcoming Hill Day 2022 meetings scheduled on March 29, and we appreciate all who are participating this year and our sponsors of the event—AACANet and KnovaOne. As a follow up, we are holding an Advocacy Debrief, exclusively for Advocacy Support Fund (ASF) members, on... Continue Reading
As NCBA is about to celebrate its 30th anniversary, we are excited to announce a first for our organization, a “second generation” President. Steve Markoff was sworn in as President of NCBA this week. Chip Stacy decided to end his term early for personal reasons. The NCBA Board thanks... Continue Reading