FREE WEBINAR: Pre-Litigation Demand Letters: The Industry’s Version of a Stick-Up. Tuesday, November 29 at 1pm EST, Sponsored by WebRecon. Join Tim Collins, Kelly Knepper-Stephens, and Charity Olson as they share their advice and best practices in how to deal with pre-litigation demand letters. For an industry where compliance and legal costs are only going up, this event is a must-attend for everyone. REGISTER HERE
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.
SEN. WARREN CALLS FOR GAO REVIEW OF TRUMP’S TRANSITION
- Sen. Elizabeth Warren [D-Mass.], one of the individuals most responsible for the creation of the Consumer Financial Protection Bureau and a strong advocate for consumer rights, has submitted a letter to the General Accountability Office, urging a review of President-elect Donald Trump’s transition process. Conflicts involving Trump’s possible business interests, combined with reports that the transition is in “disarray” and has been “chaotic” led to Warren, along with Rep. Elijah Cummings [D-Md.] to request the review from the GAO.
CFPB SHOULD NOT BE SENT TO ‘SLAUGHTER’: REPORT
- A column has been making the rounds among newspapers across the country over the Thanksgiving holiday. Written by a financial planner who publishes on the website, NerdWallet, it is a “plea not to send the watchdog to slaughter,” and listing all the reasons why the CFPB should be defended under the incoming Trump administration. The article mentions the $136 million consent order with JPMorgan Chase that has become a bellwether for how debts are bought and sold across the country.
ALL THE FURY OVER CFPB IGNORES ITS MISSION: PROFESSOR
- At the same time, a professor of sociology who says he is working on a book about the CFPB says that all the rhetoric and vitriol that is being spewed about the agency and its future is glossing over the true issue: the CFPB has a “modest” mission – to make sure markets are fair, safe, and free.
WORTH NOTING: Is the NES Classic the must-buy holiday gift this year? … Secrets from the most productive people, including Kevin Hart and Melinda Gates … How to create and launch a product in a week … More people shopped over Thanksgiving weekend this year than last year, but they spent less … Today is Cyber Monday. Here are some of the best deals available at Amazon … An overview of the people that President-elect Trump has appointed to leadership positions in his White House … An alternative to rolled-up Christmas lights for your tree this year … My wife and I stopped watching “The Walking Dead” a few weeks ago. Did we start a trend? … A record number of car buyers are upside-down on their trade-ins … President-elect Trump claims he lost the popular vote because “millions” voted illegally … What will happen in Cuba now that Fidel Castro is dead … One winning lottery ticket in Tennessee is worth $421 million.
Not sure why you would do it, but here’s what happens when you crush a $40,000 gold bar in a hydraulic press
The myth about cowboys
If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at [email protected].
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.
