House Financial Services Committee Advances Sweeping CFPB Reform Bill
The House Financial Services Committee voted 28-21 on Sept. 16 to advance legislation that would substantially change the Consumer Financial Protection Bureau’s funding, rulemaking, supervision and enforcement authorities. The Consumer Financial Protection Accountability and Reform Act of 2026 now moves forward in the House after clearing the committee on a recorded vote.

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Supreme Court to Resolve VPPA Split Over Who Qualifies as a “Consumer”
The U.S. Supreme Court is preparing to resolve a 2-2 federal appeals court split over who qualifies as a “consumer” under the Video Privacy Protection Act, a decision that could affect businesses offering online video alongside newsletters, memberships and other non-video services.

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Bessent Could Add AI Czar Role to Treasury Duties; Formerly Led CFPB
Treasury Secretary Scott Bessent is under consideration to become President Donald Trump’s new artificial intelligence czar, potentially adding another major policy portfolio to an official who has already played a significant role in financial regulation, cybersecurity and international economic policy.

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