This week, AFSA’s State Government Affairs team submitted a comment letter to the Colorado Attorney General’s Office in response to its request for informal stakeholder input on implementation of SB 26-189, the Colorado Automated Decision-Making Technology Act.
AFSA cautioned that the law, as enacted, is far broader than comparable frameworks like the CCPA ADMT Regulations and GDPR, and risks capturing routine, risk-based financial processes already governed by the GLBA, FCRA, and ECOA—with financial services facing no exemptions among the law’s seven Covered Domains.
This letter, along with SGA’s other recent letters, can be found on the direct advocacy section of AFSA’s website.
This week, AFSA’s State Government Affairs team submitted a comment letter to the Colorado Attorney General’s Office in response to its request for informal stakeholder input on implementation of SB 26-189, the Colorado Automated… Read the rest
The Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency (“agencies”) have issued
Interagency Guidance on lending to borrowers who are not authorized to work
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Acting CFPB Chairman Russell Vought appeared before the House Financial Services Committee this week, giving the Bureau’s semi-annual report to Congress. Although long-time former committee and Bureau staffer Brian Johnson has been … Read the rest
BUSINESS PARTNER WEBINAR
Beyond the Paperwork: Stopping Asset Finance Fraud with Identity Intelligence and Intelligent Decisioning
July 16, 2026 at 2:00 p.m. ET
Most asset finance fraud is built to pass traditional checks, leaving lenders… Read the rest
AFSA’s State Government Affairs team recently submitted a set of suggested FAQs to the New York City Department of Consumer and Worker Protection (DCWP) seeking clarity on the amended debt collection rules ahead of their effective… Read the rest
Earlier this week AFSA joined an industry panel organized by the House Financial Services Committee majority staff. The staff was seeking insights on the CFPB in the run-up to Acting Director Russell Vought’s testimony before the … Read the rest
AFSA’s latest State Government Affairs white paper looks at repossession moratoria enacted in past years and recent state repossession legislation. Most states that once imposed repossession bans have let them lapse, but the District… Read the rest
BUSINESS PARTNER WEBINAR
Beyond the Paperwork: Stopping Asset Finance Fraud with Identity Intelligence and Intelligent Decisioning
July 16, 2026 at 2:00 p.m. ET
Most asset finance fraud is built to pass traditional checks, leaving lenders… Read the rest
This week the Senate Committee on Banking hosted a hearing to examine “The Affordability Agenda.” Although the hearing split quickly along partisan lines over causes and solutions to rising consumer costs, Chairman Tim Scott … Read the rest
