CFPB Lives On – for Now – as Judge Blocks Effort to Starve Regulator of Funding
- A federal judge yesterday blocked the Trump administration’s latest attempt to defund and effectively shut down the Consumer Financial Protection Bureau, ruling that the agency must continue to receive funding from the Federal Reserve even while broader legal battles over its future play out.
- More details here
2025: A Year in Review
- For all the talk about the growing importance that technology and artificial intelligence are having on collections, the most popular articles published on AccountsRecovery during the course of 2025 sing a much different tune about what people care about most. See below for the most popular articles that were published each month this year.
- More details here
FCRA Case Highlights Importance of Pleading Concrete Damages
- A District Court judge in California has granted a furnisher’s motion to dismiss claims it violated the Fair Credit Reporting Act because the plaintiff was not specific enough in detailing the damages he suffered, but the plaintiff has attempted to rectify that by filing a third amended complaint in which he claims a range of concrete financial and emotional harms tied to the alleged inaccurate credit reporting.
- More details here
District Court Extends Fallout From Third Circuit Sanctions in FDCPA Litigation
- In another case involving the attorneys who were previously sanctioned for writing intentionally vague dispute letters and then filing suit when the accounts were not properly marked as disputed, a Magistrate Court judge in Pennsylvania has dismissed a Fair Debt Collection Practices Act case and partially granted a motion for sanctions.
- More details here
47 Companies Seeking Collection Talent
- New year, new job, new you? There are plenty of opportunities out there, as evidenced by the 50 different job openings spotlighted in this week’s job listings summary. Check it out to see who is hiring and if your next career move is out there waiting for you.
- More details here
WORTH NOTING: Can a well-timed reminder help you save more money? Research says it can … Is the end of the smartphone on the horizon? … Companies are handing out nicotine pouches to employees to cut down on smoke breaks and boost productivity … The demand for in-person financial advice is not going away … The best meal kit delivery services … The most annoying people of 2025, according to Fox News … A neuroscientist gives advice about New Year’s resolutions … The 19 states where minimum wage is going to go up tomorrow.
Funny Friday on a Wednesday, part I
Funny Friday on a Wednesday, part II
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.
