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TRUMP MAKES LEFT-FIELD SELECTION TO RUN BCFP, SETS UP BATTLE WITH SENATE
- Kathy who? That has been the reaction to many in the ARM industry upon hearing that President Trump has named Kathy Kraninger to be his pick to be the next director of the Bureau of Consumer Financial Protection. No offense to Kraninger, who is an associate director of the White House Office of Management and Budget, coincidentally where she works for current BCFPB acting director Mick Mulvaney, but her name was not on any of the short lists. The move likely sets up a rocky confirmation process for Kraninger, especially considering whom she is being compared to.
JUDGE DENIES SUMMARY JUDGMENT IN TCPA CASE OVER LIMITED SCOPE OF CONTACT
- A federal judge in the Southern District of Indiana has denied a summary judgment motion from a defendant after it was sued for allegedly violating the Telephone Consumer Protection Act by contacting the nanny of an account holder using an automated telephone dialing system (ATDS) in an attempt to collect on an unpaid account.
ACLU, STATE BATTLE OVER RIGHT TO JAIL INDIVIDUALS FOR UNPAID DEBTS
- Should a state government be able to make non-payment of a debt a crime? That question was argued before the Supreme Court of New Hampshire last week. The American Civil Liberties Union is defending an individual who did not pay $453 in fees after having a public defender represent him in a criminal trial and the state’s Office of Cost Containment went after him for the debt.
HOUSE COMMITTEE PASSES BILL THAT WOULD PUT BCFP BUDGET UNDER CONGRESSIONAL REVIEW
- The House Appropriations Committee last week approved a bill aimed at financial services, which, among other things, would bring the budget of the Bureau of Consumer Financial Protection under the Congressional appropriations process starting in 2020.
WORTH NOTING: A goal in a World Cup soccer game may have triggered an “artificial earthquake in Mexico City yesterday … National Park employees share tips about visiting … How to spot a flood-damaged car … How swarm intelligence helps this AI start-up get a lot of things right … One billionaire cites learning to celebrate failures at an early age as a reason for her success … When I saw a headline about vacation shaming, I didn’t think it would be about this … The average hourly wage has dropped $0.03 in the past year for workers in “production and nonsupervisory” positions … Would you go down this slide? … A 30-second set that could keep you from getting hacked … More than 300,000 coastal homes are in danger of being flooded every two weeks within 30 years, according to a new study … The current and former First Ladies are weighing in on the government’s new immigration policy of separate families.
What you need to do if you want to blue yourself
How different movie sounds are made
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
