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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

An amendment in the NDAA to update the Fair Debt Collection Practices for Servicemembers Act passed in the Senate by a vote of 95-2. The OAG initially filed the lawsuit in June 2021, and as part of the judgment, between $450,000 and $2.5 The amendment, led by U.S. On July 26, the majority of U.S.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Previously introduced in June 2022, the bill fortified its provisions regarding national security and cybercrime — a concern top regulators continue to express about digital assets. On April 26, the FTC, the commonwealth of Pennsylvania, and debt collection company International Credit Recovery, Inc.