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How Miami Became a Hub of PPP Fraud After Pandemic

CPA Practice

While authorities credit the pandemic loan programs with propping up the U.S. Back then, we all knew it was coming and we tried to get ahead of it,” said Michael Buckley, the former acting special agent in charge of Homeland Security Investigations in Miami. In one of the earlier PPP loan fraud cases, Miami businessman David T.

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The CFPB Found Unconstitutional…But …

PYMNTS

Congress gave the CFPB director “more unilateral authority than any other officer in any of the three branches of the U.S. Elizabeth Warren — one of the guiding figures behind the CFPB — took a somewhat different line on the ruling, firmly noting it was not a defeat for post-financial crisis efforts and banking regulation and reform.

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New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)

PYMNTS

The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use the Congressional Review Act (CRA) to repeal new rules for the prepaid card industry passed by the consumer watchdog in the waning days of the Obama administration.

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