U.S. Reps. to Chopra: Use Care in FCRA Regulation
In April 2024, a bipartisan group of members of congress wrote a letter to CFPB director, Richard Chopra, urging the CFPB to “to ensure your effort supports the ability of financial institutions to protect consumers from identity fraud and fulfill other...
Inspector General Report: $127m in Pension Funds Wasted by Failure to Match Records
In November 2023, the Inspector General (IG) of the Pension Benefit Guaranty Corporation (PBGC) issued a Management Alert for Deceased Participants in the Central States’ Special Financial Assistance Calculation (Report No. EVAL-2024-01). The alert called for the...
Sen. Banking Hearing on Fraud, Includes Credit Headers and FCRA Rulemaking
In February 2024, the U.S. Senate Banking Committee held a hearing, Examining Scams and Fraud in the Banking System and Their Impact on Consumers. The committee heard from three witnesses: Ms. Carla Sanchez-Adams, Senior Attorney, National Consumer Law Center Mr. Paul...