financial regulation

Medical Debt Will Now Show On Credit Reports After Trump-Appointed Judge Strikes Down Biden-Era Rule

Jul 16, 2025

In a major legal setback for the Biden administration’s consumer protection efforts, a Trump-appointed federal judge has overturned a Consumer Financial Protection Bureau (CFPB) rule that would have eliminated medical debt from consumer credit reports—a move that could have raised credit scores for millions of Americans. U.S. District Judge Sean D. Jordan, who presides over…
Shaquille O’Neal To Pay $1.8 Million In FTX Class-Action Settlement Over Crypto Endorsement

Jun 15, 2025

NBA Hall of Famer Shaquille O’Neal has agreed to pay $1.8 million to resolve a class-action lawsuit linked to his endorsement of now-defunct cryptocurrency exchange FTX, according to court filings and reports. The case is part of ongoing litigation that has ensnared several celebrity endorsers of the crypto platform, including Tom Brady, Stephen Curry, and…
Kansas Enacts Earned Wages Access Law, This Is What It Means

Apr 27, 2024

Kansas has taken a significant step in the area of financial regulation by enacting comprehensive legislation on earned wages access (EWA). The new law, which mirrors recent developments in Wisconsin, is poised to bring significant changes to the landscape of EWA services in the state. Set to take effect immediately upon publication, the law introduces…

Shaquille O’Neal To Pay $1.8 Million In FTX Class-Action Settlement Over Crypto Endorsement