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Obama administration

Dealer Wins Federal Birth Control Lawsuit

A U.S. District Court has ruled that, because of his religious beliefs, Joseph B. Holland, Jr. does not have to offer coverage of the morning after pill to employees of Joe Holland Chevrolet.

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President Once Again Takes Aim at Reinsurers

For the sixth time, President Barack Obama has included language in his annual budget that would end some of the tax benefits enjoyed by reinsurers. Market insiders don’t believe it will gain support from the Republican-controlled Congress.

Ally to Make FICO Scores Available to Customers

Ally Financial Inc. will begin piloting in February a new program designed to provide customers with free access to their FICO score. The company expects to fully launch the new service this summer.

Minn. Dealer Wins Affordable Care Act Challenge

Based on a ruling in the Supreme Court case Burwell v. Hobby Lobby, a Minnesota district court granted Hastings Automotive owner exemption from the Affordable Care Act's contraceptive coverage mandate.

Kansas City Dealer to Seek Permanent ACA Exemption

Following Monday's Supreme Court ruling in favor of Hobby Lobby, the owner of Randy Reed Automotive will seek a permanent injunction exempting him from providing insurance coverage for the 'morning after' pill.

Minn. Dealer Granted Temporary Exemption from ACA’s Contraception Mandate

Minnesota’s Hastings Automotive Inc. and Hastings Chrysler Center were granted a temporary exemption from the contraception mandate in the Affordable Care Act until the U.S. Supreme Court rules on the Hobby Lobby case.

Fuel Economy Rules Cut 7 Million Buyers Out of Market, NADA Says

The National Automobile Dealers Association (NADA) released a study today showing that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025.

Obama Unveils Online Bill of Rights

The Obama Administration unveiled a proposed “Consumer Privacy Bill of Rights” in a federal report last Thursday. It's part of a blueprint to ramp up consumer privacy protections on the internet, but it could also add additional requirements for dealers when it comes to protecting customer data.

Obama Appoints Cordray as CFPB Director

President Obama appointed Richard Cordray as director of the Consumer Financial Protection Bureau yesterday.

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Obama Nominates Former Ohio AG to Lead New Bureau

President Obama nominated former Ohio Attorney General Richard Cordray to serve as the director of the new Consumer Financial Protection Bureau (CFPB) agency. Cordray has served as head of the CFPB’s enforcement division for the last six months.

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