The abrupt bankruptcy of Tricolor Holdings last week has shaken the financial services sector, exposing cracks in the subprime auto lending industry and sparking broader economic concerns.
On September 15, the Court of Appeals of the State of Washington reversed a lower court’s decision in Aaland v. CRST Home Solutions, LLC (CRST), holding that unsolicited text messages sent to recruit independent contractors qualified as “commercial” messages under the state’s Commercial Electronic Mail Act (CEMA). The decision vastly expands the scope of the state statute.
The CFPB has released an ambitious Spring Regulatory Agenda that lists 24 regulatory initiatives the bureau has been and/or will be working on during the 12-month period from June 2025 through May 2026 as well as one long term action
On Tuesday, Federal Trade Commission Chairman Andrew N. Ferguson submitted recommendations for deleting or revising anticompetitive regulations across the entire federal government to the White House’s Office of Management and Budget. This report is a response to President Trump’s Executive Order on Reducing Anticompetitive Regulatory Barriers. The Executive Order tasked the FTC with finding unnecessary regulations that exclude new market entrants, protect dominant incumbents, and predetermine economic winners and losers, as a first step to repealing them.
A divided federal appeals court has ruled that President Trump illegally fired Lisa Cook from her position as a member of the Federal Reserve Board.
The decision, by a three-judge panel of the U.S. Court of Appeals for the District of Columbia, means that Cook may vote on whether to cut interest rates during a two-day meeting that started today.
.jpg)
.jpg)