This sign on letter from the members of the Leadership Conference on Civil and Human Rights Media/Telecom Task Force urges the FCC to not change the National TV Audience Cap which has been set by Congress. The groups also urge the FCC to close the loophole that is technologically incorrect and permits media consolidation in…
Twenty-six advocacy groups submitted a letter urging Congress to defend the data privacy and consumer protections in the Consumer Financial Protection Bureau’s original (CFPB) Personal Financial Data Rights rule and to conduct hearings on the rule.
NCLC joined the American Bankers Association, Americans for Financial Reform, Conference of State Bank Supervisors, Independent Community Bankers of America, Money Transmitter Regulators Association, and National Conference of State Legislatures urging Congress to strike Section 16(d) of the recently enacted GENIUS Act. Section 16(d) allows any state-chartered uninsured depository institution with a stablecoin subsidiary to…
Read More about Coalition Letter to Congress Seeking Legislative Fix to GENIUS Act Provision
The National Consumer Law Center (on behalf of its low-income clients) and Consumer Federation of America, in a letter to Federal Housing Finance Agency Director William Pulte, strongly oppose the inclusion of crypto assets in the underwriting of federally insured mortgages. This proposal will expose taxpayers to increased risk of losses, open the door to…
Read More about Letter to FHFA on Cryptocurrency in Mortgage Lending
NCLC met with legal counsel for FCC Chairman Carr to urge the Commission to maintain strong rules allowing consumers to revoke consent to receive robocalls.
Read More about NCLC Ex Parte Letter on TCPA Consent Revocation Rules
NCLC joined various consumer organizations in a letter opposing the application by Circle Internet Group, Inc. (“Circle”) for a national trust bank charter under the name First National Digital Currency Bank, N.A. (“FNDCB”). Circle is a stablecoin issuer seeking to obtain a national bank charter. Granting a national trust bank charter to any stablecoin issuer…
NCLC joined an Application for Review submitted to the Federal Communications Commission seeking the Commission’s review of the Wireline Competition Bureau’s sua sponte decision to suspend the 2024 IPCS Order by delaying for nearly two years the reforms the Commission adopted on a unanimous, bipartisan basis to ensure—pursuant to a bipartisan mandate from Congress—that rates…
NCLC advocates provided information about scam calls and text messages to congressional investigators for the Joint Economic Committee. The letter addressed the causes behind the proliferation of scam calls and texts, their economic impact on subscribers, and what can be done to stop them.
Read More about Letter to Congressional Joint Economic Committee About Scam Calls
NCLC supports Rep. Correa’s Student Loan Bankruptcy Improvement Act, which would give a meaningful opportunity for financially distressed Americans to discharge student loan debts in bankruptcy by changing the standard used by courts in handling requests for discharge.
Read More about NCLC Supports Rep. Correa's Student Loan Bankruptcy Improvement Act.
NCLC joined 68 community, civil rights, consumer, civic and other organizations opposing bills that would undermine the Consumer Financial Protection Bureau (CFPB) and threaten its statutorily mandated consumer protection mission.
The petition, signed by six national public interest organizations who represent car buyersacross the country, demonstrates that despite agreeing to terms in signed credit contracts, car dealers regularly refuse to follow through with the original agreement with buyers, and typically engage in yo yo tactics by claiming the transaction depends on the dealer’s ability to…
Read More about Petition for Rulemaking Concerning the Finality of a Car Purchase (Yo-Yo Financing)
NCLC joined 82 investor, consumer and other advocacy organizations opposing the CLARITY ACT, H.R. 3633, which legitimizes risky and exploitative crypto industry practices. The bill seeks to create a “market structure” and regulatory regime for crypto platforms and crypto traders, but the bill weakens the enforcement powers of federal financial regulators, undermines state regulators’ ability…