The FTC and 20 states have filed suit against the Dollar General Corp. alleging that the company has engaged in long-running deceptive price practices by charging customers in their stores more at the register than the prices on ads, price tags and shelves.

“Dollar General has, for years, repeatedly mislabeled prices, overcharged consumers and failed to correct the issue despite extensive corporate knowledge of the problem,” the FTC said.… Continue Reading

The recently enacted 21st Century ROAD to Housing Act contains important provisions affecting community and regional banks that have received considerably less attention than the legislation’s broader housing-related initiatives. Among the most significant are provisions expanding the treatment of reciprocal deposits under federal banking law and creating a new framework for certain custodial deposits.… Continue Reading

On November 6, 2026, the Office of the Comptroller of the Currency (OCC) has filed a reply brief renewing its request to stay most proceedings in the multistate lawsuit challenging the OCC’s determination that the National Bank Act (NBA) preempts certain state laws requiring interest to be paid on mortgage escrow accounts.… Continue Reading

Eighteen state attorneys general, led by Oregon Attorney General Dan Rayfield, have urged Congress to reject H.R. 7866, the American Lending Fairness Act of 2026. In a November 9, 2026 letter to House Speaker Mike Johnson and House Minority Leader Hakeem Jeffries, the attorneys general argue that the legislation would improperly restrict states’ ability to opt out of the interest-rate preemption provisions of the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA).… Continue Reading

A Trump Administration Committee that is investigating the possible removal of Federal Reserve Board Member Lisa D. Cook will hold a closed hearing on Dec. 14.

The hearing originally was scheduled for Dec. 5, but was postponed because of scheduling conflicts, according to press reports. Trump formed the committee last month.… Continue Reading

“Be careful what you wish for, lest it will come true” Aesop

We will be producing a webinar about the impact of the Midterm Elections and related developments on the consumer financial services industry on December 7 at 1:00 pm, ET. To register, click HERE.

The results of the November 3 midterm elections have dramatically changed the political landscape in Washington.… Continue Reading

The Office of the Comptroller of the Currency (OCC) has taken another important step in addressing the rapidly expanding use of artificial intelligence in the banking industry. On November 4, 2026, the OCC issued a new supervisory framework designed to assist its bank examiners in evaluating banks’ use of what the agency, following the terminology adopted by the Trump Administration, calls “Super Intelligence” (SI).… Continue Reading

New Jersey is signaling a more aggressive approach to the regulation of so-called “junk fees.” In a recent enforcement statement issued by the New Jersey Attorney General and the New Jersey Division of Consumer Affairs, state regulators outlined how they intend to use the New Jersey Consumer Fraud Act to address business practices involving fees that they consider deceptive, unconscionable, or abusive.… Continue Reading

The cost of consumer fraud targeting older adults could have been as high as $119.5 billion in 2025, the FTC said in an annual report to Congress.

The report also outlines the FTC’s outreach efforts to combat fraud against older adults. The Justice Department released a similar annual report.

The FTC report summarizes 2025 findings from the Consumer Sentinel Network which collects reports of fraud and other consumer problems.… Continue Reading

The Office of the Comptroller of the Currency (OCC) has filed on November 2,2026 its reply brief in support of its motion to dismiss, or alternatively transfer to the District of Columbia, a lawsuit brought by Oregon and nine other states challenging two OCC rules issued on May 15, 2026, concerning the preemption of state interest-on-mortgage escrow laws.… Continue Reading