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On January 5, 2020, the CFPB’s Task Force on Federal Consumer Financial Law issued its report “with recommendations on how to improve consumer protection in the financial marketplace.”

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With the support of U.S. Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, U.S. Rep. Ayanna Pressley (D-MA)…

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The FTC and CFPB held a joint Accuracy in Consumer Reporting Workshop in December 2019.

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In December 2019, the CFPB issued Supervisory Highlights Consumer Reporting Special Edition, Issue No. 20 (Fall 2019). The report addresses several issues. Under Supervisory Observations at Furnishers, the report addresses Reasonable, written policies and procedures; Prohibition of reporting information with actual knowledge of errors; Duty to correct and update information; Duty to provide notice of delinquency of accounts; and Obligations upon notice of dispute.

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In May 2011, the Policy and Economic Research Council (PERC), a non-profit think tank focused on issues pertaining to financial inclusion…