Getting to Know Nicholas Stancu of Pelagic Capital Partners
- Nicholas Stancu might still be getting his ARM industry sea legs under him, but so far, he has taken to the industry like a duck to water. Maybe it’s his unique job title, or the mission that brought him to the ARM industry, or maybe that it’s just because he’s a “Star Wars” fan, but regardless of the reason, it’s reaffirming to see someone in his position see the value in the people and companies that make up this industry. Read on to learn more about Nicholas, how he manages to get work in while being the father of a newborn, and the collection of his that he is most proud of.
- More details here.
Judge Denies Motion to Remand FDCPA Case Back to State Court Because Plaintiff Spent $7.38 to Mail Dispute Letter
- A District Court judge in New Jersey has denied a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court, ruling that the $7.38 spent by the plaintiff to mail a dispute to the defendant is enough of an injury for the plaintiff to have standing to sue in federal court.
- More details here.
Briefs Filed in Support of Group Suing CFPB Over Funding Structure
- Amicus briefs were due this week in support of the group suing the Consumer Financial Protection Bureau over whether the funding structure that gives the CFPB its budget is constitutional, and a number of groups, including ACA International, former Acting Director Mick Mulvaney, 132 current Members of Congress, 21 former Members of Congress, and 27 state Attorneys General — to name just a few — all filed briefs.
- More details here.
Appropriations Bill Guts FTC, Includes Budget for CFPB
- Were its budget to be under the purview of Congress, the Consumer Financial Protection Bureau would receive $635 million for the 2024 fiscal year, which begins October 1, according to the Financial Services and General Government bill from the House Appropriations Committee. The bill would also change the leadership structure of the Bureau into a five-person commission, like the Federal Trade Commission and the Federal Communications Commission, while also prohibiting the Bureau from enforcing fair lending laws.
- More details here.
WORTH NOTHING: Foodies dish on which fast food restaurant has the best chicken … A professional screen time consultant (who knew there was such a thing) tells parents about when to give kids a smartphone … Scalp experts (again, who knew?) share treatment tips and causes for dandruff … Why you may want to steer clear of sharing your salary with your coworkers … More debate over employers mandating workers return to the office full-time … Get ready to celebrate National Mac and Cheese Day, coming tomorrow … One company has rolled out a calculator to show how much meaningless meetings is costing the company … How a 2,000-year-old Chinese mindset can help you achieve more.
Top 10 Thursday, part I
Top 10 Thursday, part II
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