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89 CALL RECORDINGS NOT ENOUGH TO PROVE PLAINTIFF DID NOT REVOKE CONSENT
- A federal judge in Maryland has denied a request for a summary judgment against a plaintiff suing for violations of the Telephone Consumer Protection Act, even though the defendant submitted recordings of 89 phone conversations with the plaintiff where revocation of consent was never once mentioned.
MULVANEY SAYS CFPB WILL NOT ‘INTERFERE’ WITH CAPITALISM
- Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau went on TV on Thursday night and said it was only a matter of time until President Trump was going to be able to put his own choice in as head of the agency, and that his goal is to “limit as much as we can what the CFPB does to interfere with capitalism and with finance service markets.”
BIPARTISAN BILL INTRODUCED TO UNDO CFPB PAYDAY LENDING RULE
- Bipartisan legislation was introduced Friday in the House of Representatives that would use the Congressional Review Act to undo the Consumer Financial Protection Bureau’s payday lending rule.
SIGNET JEWELERS DISCLOSES POSSIBLE CFPB LEGAL ACTION
- Signet Jewelers is being investigated by the Consumer Financial Protection Bureau and is facing a possible legal action by the agency. The possible legal action centers on the company’s “credit practices, promotions, and payment protection products.”
AVERAGE DEBT IN 13 STATES EXCEEDS MEDIAN INCOME: REPORT
- Excluding their mortgages, individuals in 13 states owe more than they make in a year, according to data released by PeerFinance101. On average, the amount of debt individuals are carrying represents 91% of the median income in their state. For every $5 individuals earn in income, $1 goes toward paying off debts, according to the report.
WORTH NOTING: A bill is set to be introduced today aimed at sanctuary cities by threatening prison time for elected officials who shelter illegal immigrants … As a long-suffering fan of the Detroit Lions, I am absolutely not surprised that the demolition of their former stadium ended up being bungled … Car prices are as high as they have ever been … North Carolina is the best state for business … President Trump thinks he is “unbeatable” in 2020 … The rule of four that can help you stop overspending on Christmas presents for your kids … Today is National Cookie Day … Oracle has opened a high school at its headquarters … What you need to know about Bitcoin … More than 40% of survey respondents say they use their phone while driving because of work-related issues … Why landscrapers may be the next thing in building design … The White House has picked an aide to Rep. Jeb Hensarling [R-Texas], a vocal critic of the Consumer Financial Protection Bureau, to help Mick Mulvaney run the agency.
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
