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AFSA Comments on Draft Privacy Legislation

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AFSA submitted a comment on Tuesday to House Energy and Commerce Committee Chair Frank Pallone (D-NJ) and Ranking Member Greg Walden (R-OR) regarding their draft privacy legislation. AFSA commended the Members for their efforts for meaningful reform in this area and offered some suggestions on the bill’s text.

The letter:

  • Outlined that any federal legislation should include a preemption statute to ensure businesses can effectively comply with a national standard, as opposed to many smaller ones
  • Noted that the bill should include more narrowly tailored requirements for responding to consumer requests
  • Modified to ensure that businesses are not forced to reveal proprietary information or gather that information from third parties.

AFSA Comments on Draft Privacy Legislation
Jan 22, 2020

AFSA submitted a comment on Tuesday to House Energy and Commerce Committee Chair Frank Pallone (D-NJ) and Ranking Member Greg Walden (R-OR) regarding their draft privacy legislation. AFSA commended the Members for their efforts for meaningful… Read the rest

The Whole Lot: Challenges & Opportunities for Dealers
Jan 22, 2020

With the rapidly changing marketplace, what do lenders need to know about their dealer partners? How will dealers be positioning their businesses for the near and long term? Are there new products and services which will change the businessRead the rest

WEBINAR | Top 10 Debt Collection Issues in 2020 on Jan. 22!
Jan 22, 2020

Join us tomorrow at 2 p.m. ET for Top Debt Collection Issues in 2020, presented by AFSA.

2020 is shaping up to be a very interesting year in the credit and collection space. The Consumer Financial Protection Bureau hopes to have a final debt collection… Read the rest

WATCH | AFSA CEO Update: A Busy Start to 2020
Jan 17, 2020

AFSA President & CEO Bill Himpler gives an update to members about all the recent happening on Capitol Hill and around the organization.… Read the rest

Governor Sees the Problem, Not the Solution
Jan 15, 2020

Earlier this week in comments to North Country Public Radio New York Governor Andrew Cuomo warned that “many New Yorkers are vulnerable to predatory businesses because they are shut out of the banking system.” To help combat … Read the rest

Getting Under the Hood – Understanding Cyber Risks
Jan 13, 2020

You might be knowledgeable enough to change the oil in your car, but are you able to get under the hood of your business and understand cyber security risks?

Don't miss this thought-provoking session at the 2020 AFSA Vehicle Finance ConferenceRead the rest

The Wrong Kicks on Route 66
Jan 10, 2020

Tom Miller, a professor and Jack R. Lee Chair in Financial Institutions and Consumer Finance at Mississippi State University and Todd Zywicki, a University Foundation Professor of Law at George Mason University Antonin Scalia School of Read the rest

2019 Review/2020 Preview from the State Capitols
Jan 10, 2020

On January 6, AFSA’s State Government Affairs department published its 2020 State Legislative Preview and 2019 Review white paper. Published monthly, AFSA’s state white papers typically provide a snapshot in time coveringRead the rest

RELEASE | AFSA Welcomes CFPB Taskforce Appointments
Jan 09, 2020

WASHINGTON, DC (January, 9 2020) – The Consumer Financial Protection Bureau today announced the makeup of its Taskforce on Federal Consumer Financial Law, which will examine the legal and regulatory environment facing consumersRead the rest

Looking Back at AFSA’s Success in 2019
Jan 09, 2020

AFSA’s federal government affairs team continued to be highly effective in advocating for the protection of consumer credit and choice in 2019. Below are just a few of the 2019 federal successes.

Rate Caps: Prevented legislation extending… Read the rest

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