Group Seeks CFPB's Prepaid-Rule Exchanges With GOP Foes

Law360, New York (April 18, 2017, 4:26 PM EDT) -- A liberal activist group sued the Consumer Financial Protection Bureau in D.C. federal court on Tuesday to hasten the agency’s turnover of correspondence with Republican senators who are seeking to eliminate a new regulation that provides credit card-like protections to prepaid card users.

Allied Progress is seeking expedited processing of two Freedom of Information Act requests concerning the CFPB’s new prepaid rule, saying Republican lawmakers’ recent attempts to eliminate the regulation under the Congressional Review Act warrant an accelerated response.

“The request sought expedited processing because of the urgent public need to understand the decision-making process behind the prepaid rule, and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!