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Rep. Luetkemeyer Calls For Investigation After Unsealed Court Docs Reveal Operation Choke Point May Not Be Dead

Maybe Operation Choke Point isn’t over after all. Rep. Blaine Luetkemeyer [R-Mo.] is calling for an investigation into the Federal Deposit Insurance Corp., and the Office of the Comptroller of the Currency — two national banking regulators — after unsealed court documents revealed “blatant discrimination and bias” from officials at …

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BCFP To Issue Rule Defining ‘Abusive’ Practice

Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, announced yesterday that the agency is working on a rule to codify what has been considered one of the most amorphous, yet harmful, words in the BCFP’s lexicon: abusive. While there have long been laws that banned practices …

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Judge Tosses FDCPA Class Action Over Letter Language

A federal judge has dismissed a class-action lawsuit alleging violations of the Fair Debt Collection Practices Act by a collection law firm, opining that the plaintiff’s arguments about a collection letter being misleading are “idiosyncratic.” A copy of the ruling in the case of Rueda v. Foster & Garbus can …

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