John L. Culhane
- Indexed articles, last 90 days
- 12
- Latest publication
- Sep 22, 2026
- Outlet visibility, for natlawreview.com
- Top 1M sites
- Earliest in this view
- Aug 18, 2026
Latest articles
House Financial Services Committee Approves Legislation to Place CFPB Under Congressional Appropriations Process (opens the original)
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The House Financial Services Committee on September 16 approved H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026, by a 28-21 vote. The legislation, sponsored by Rep. Andy Barr (R-Ky.), would make significant changes to the structure, funding, rulemaking, supervision, enforcement, and other authorities of the Consumer Financial Protection Bureau (CFPB). Most significantly, the bill would place the CFPB under the congressional appropriations process. The CFPB cur
FTC Bureau of Consumer Protection Creates New Mechanism for Industry Input on FTC Rules (opens the original)
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The Federal Trade Commission’s Bureau of Consumer Protection has created a new process that could provide businesses and other stakeholders with a meaningful avenue for raising concerns about the FTC’s consumer protection rules. The premise is straightforward. If an FTC rule is unclear, conflicts with another legal requirement, or otherwise presents a significant problem, the agency should know about it. The new BCP Rule Guidance Program provides a formal mechanism for bringing those issues to t
FinCEN Clarifies Use of Digital Credentials Under CIP (opens the original)
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FinCEN and the staffs of the Fed, FDIC, OCC, and NCUA, have jointly issued two FAQs addressing the use of verifiable digital credentials (VDCs), including state-issued mobile driver’s licenses (mDLs), to verify customer identities under the Customer Identification Program (CIP) Rule. The principal clarification is that an unexpired, government-issued VDC, such as an mDL, may qualify as “government-issued identification” for purposes of the CIP Rule, provided that the VDC evidences nationality or
FTC, State of Connecticut Secure $4 million Settlement with Vehicle Dealership (opens the original)
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The Federal Trade Commission and state of Connecticut recently secured a $4 million settlement with Chase Nissan LLC and its owners and management over allegations that the business was collecting fees without consumer authorization, including double charging for “certified pre-owned vehicles.” The company did business as Manchester City Nissan. The Stipulated Order for a Permanent Injunction, Monetary Judgment and Other Relief was filed in the U.S. District Court for the District of Connecticut
Inspector General releases report on impact of CFPB cutbacks (opens the original)
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Changes at the CFPB have caused a backlog of consumer complaints, the CFPB’s Office of Inspector (OIG) said, in a report. Stop-work orders also resulted in CFPB staff temporarily not performing enforcement, supervision and other functions, but workforce-reduction actions had limited impact on bureau operations because of court intervention, the OIG said. In addition, cancellations of contracts with third parties resulted in service disruptions that affected the consumer complaint database and ot
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