New regs for Friday: Colleges, credit cards, TV
Friday’s edition of the Federal Register contains new rules for credit cards, colleges, and television broadcasters.
Here’s what is happening:
Credit cards: The Consumer Financial Protection Bureau (CFPB) is considering new rules for credit cards.
The CFPB announced Thursday it will review practices employed by credit card issuers, which could lead to future rulemaking. The review stems from the Credit Card Accountability Responsibility and Disclosure Act.
The public has 90 days to comment.
Colleges: The Department of Education is delaying a controversial Obama-era regulation for colleges.
The Education Department’s gainful employment regulations measure the jobs status and salaries of each school’s graduates to determine whether they provide an adequate education. But the agency said college do not have to comply with the disclosure requirements until July 1.
TV: The Federal Communications Commission (FCC) is proposing new rules for television broadcasters.
The rules would allow broadcasters to use the “’Next Generation’ broadcast television transmission standard,” according to the FCC.
“The new standard has the potential to greatly improve broadcast signal reception and will enable broadcasters to offer enhanced and innovative new features to consumers,” the agency said.
The public has 60 days to comment.
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