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New federal study makes case for student loan relief

A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.

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Several groups file suit challenging CFPB’s authority

WASHINGTON – Several organizations have filed a federal lawsuit challenging the constitutionality of the provisions of the Dodd-Frank financial reform law that created a consumer watchdog agency with broad authority to regulate mortgages, credit cards and other consumer financial products ...

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ABA urges Congress to set CFPB privilege standard

WASHINGTON – The American Bar Association is urging Congressional lawmakers to adopt legislation that would establish a standard for the treatment of privileged information by federal financial agencies, including the Consumer Financial Protection Bureau.

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Recess appointment lawsuits leave NLRB, CFPB in flux

WASHINGTON – Lawsuits challenging the validity of President Barack Obama’s recess appointments to two major federal agencies have cast a cloud of uncertainty over opinions and regulations being handed down and could result in years of additional litigation that will ...

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