The basic function of the Freedom of Information Act (FOIA) is to ensure a transparent and accountable government, which is vital to the functioning of a democratic society. Since 1967 FOIA has provided the public the right to request access records from any federal agency. Federal agencies are required to disclose any information requested under the FOIA, unless it falls under one of nine exemptions that protect interests such as personal privacy, national security or law enforcement.
Over the years, AFSA has submitted numerous requests to multiple federal agencies under FOIA. Earlier this month, AFSA, in conjunction with other trades, submitted FOIA requests to the Consumer Financial Protection Bureau (CFPB) asking for information on the Bureau’s Dodd-Frank Section 1071 rulemaking on small-business lending. On our own, we have asked the CFPB about the definition of abusive, its interactions with state regulators and attorneys general, supervision of nonbanks, repossession, and rate caps.
We look forward to sharing the Bureau’s responses with you.
The basic function of the Freedom of Information Act (FOIA) is to ensure a transparent and accountable government, which is vital to the functioning of a democratic society. Since 1967 FOIA has provided the public the right to request access… Read the rest
Did you miss attending the conference? Have a colleague who will benefit from AFSA’s outstanding conference content? Our AFSA Conference Download is your ticket to the 2022 Independents Conference.
With the AFSA Conference Download,… Read the rest
We’ve got a special episode on the Extra Credit Podcast. AFSA Senior Vice President Celia Winslow appeared on the Auto Remarketing Podcast last week with host Nick Zulovich to discuss a number of issues, including some key regulatory developments… Read the rest
This week, the Committee on Energy and Commerce Subcommittee on Consumer Protection and Commerce, held a hearing on legislative proposals to protect consumers and strengthen the economy. The hearing touched on several House bills including… Read the rest
Whether you’re looking to learn more about the digital consumer or understand the newest generation of bill payers, AFSA’s webinar program has you covered.
Register for all of the webinars below at afsaonline.org/webinars… Read the rest
There is plenty of bad economic news to go around: Inflation trends not seen in more than 40 years; 401(k)s and investment funds taking devastating hits seemingly every day; skyrocketing fuel prices and business costs; ongoing supply chain… Read the rest
The American Financial Services Association (AFSA) was greatly saddened to learn of the unexpected death of John W. Ryan, President and Chief Executive Officer of the Conference of State Bank Supervisors (CSBS).
“As the longtime leader … Read the rest
It’s never a good thing for consumers – or for the broader American economy – when legislation is used to accomplish what fair competition cannot. Yet, encouraging policymakers to place a thumb on the scale or to pick winners and losers in a … Read the rest
How do consumers ages 18-29 prefer to pay bills? What causes them to pay late? How does this differ from older generations?
In this webinar, Steve Murphy, Director of Marketing with PayNearMe will dive into the results of their latest research… Read the rest
Join us on May 26 at 2:00 p.m. for Vehicle Financing in the Era of the Digital Consumer, sponsored by Cox Automotive.
Cox Automotive is well known for its yearly Car Buyer Journey study. But it only told half the story, particularly for lenders.… Read the rest
