This week, the Senate Environment and Public Works Committee marked up its draft surface transportation legislation. The $287 billion bill, more commonly known as the “Highway Bill,” jump-starts a legislative process that will span multiple committees and attract additional proposals from both sides of Capitol Hill.

The Department of Housing and Urban Development (HUD) today published a proposed rule updating the interpretation of the disparate impact standard in home financing. The update would require plaintiffs who allege disparate impact discrimination to meet a five-point threshold to prove their case.

The Federal Trade Commission’s national “Do Not Call Registry” and its new interactive web database illustrates the plague of illegal robocalls and the need to rein in what is now more than an annoyance. The visuals in the web data base show nearly 30 calls for every person in the country, with nearly 16 million complaints from consumers gathered in the last three years. The most common complaint? Calls claiming their firms can “reduce debt” for consumers. It’s not surprising that many such calls are from bad actors seeking to take advantage of vulnerable consumers. That’s why AFSA has long promoted pro-consumer policies that protect them from unscrupulous firms that overpromise on debt relief, overcharge for their “services” and drive their clients into bankruptcies that further hinder their financial health. The Consumer Financial Protection Bureau (CFPB) has even warned about the dangers of these companies.

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Vermont Senate Bill 18 became law yesterday without Governor Philip Scott’s signature and without harmful language for consumers attempting to finance vehicles in the Green Mountain State.

In The Hill today AFSA President & CEO Bill Himpler lays out the need for the Pentagon to allow servicemembers to take advantage of Guaranteed Asset Protection, also known as a GAP waiver.

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Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger on Wednesday said in remarks to the Exchequer Club that she wants to find ways to collaborate with financial institutions to help people strengthen their finances

AFSA President & CEO Bill Himpler this week spoke to the 31 attendees at the American Financial Services Association Education Foundation Leadership Development Program at the University of North Carolina, Chapel Hill.

The “Stopping Bad Robocalls Act” on Wednesday, July 17 passed the full House Energy and Commerce Committee by a bipartisan 48-0 vote. The purpose of the bill is to reduce illegal robocalls that harm and annoy consumers. The bill changed significantly from when it was introduced earlier this year. While AFSA supports some of the provisions in the legislation, AFSA expressed concerns that legitimate calls could be erroneously blocked under the legislation. AFSA worked with members of the committee on changes that would lessen the impact the bill would have on legitimate businesses contacting their customers.