Items Tagged with 'New York governor'

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  • New York investigating whether Facebook allows housing discrimination

    Cuomo asks NYDFS to investigate social media giant's ad platform
    Facebook is already facing charges from HUD that it enabled real estate companies to unlawfully discriminate against users by choosing who could view ads based on race, nationality, religion, color, familial status, sex and disability, but that’s not the only trouble the site is facing. The New York Department of Financial Services is now investigating Facebook as well.
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  • New York, New Jersey, Connecticut plan to sue federal government over GOP tax bill

    Take issue with elimination of state and local tax deductions
    The states of New York, New Jersey, and Connecticut are planning to sue the federal government over the Republican-led tax reform bill, which President Donald Trump signed into law late last year. Each of the three states’ governors say that their residents will be harmed by the tax plan’s cap on state and local tax deductions.
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  • New York enacts new rules for credit reporting agencies in wake of Equifax breach

    New regulations bring additional consumer protections
    After Equifax revealed that it had been the victim of a data breach that exposed the personal information of 145.5 million U.S. consumers, the state of New York began moving to increase its oversight of credit reporting agencies. But those new rules don’t go far enough, according to New York Gov. Andrew Cuomo. So, Cuomo is immediately enacting new rules for credit reporting agencies that will bring additional consumer protections.
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  • New York wants NYDFS oversight of credit reporting agencies in wake of Equifax data breach

    NYDFS could prohibit agencies from doing business with New York businesses
    In the wake of its massive data breach that exposed the personal information of 143 million U.S. consumers to hackers, Equifax is already facing inquiries from the CFPB, the FTC, the HFSC, the SFC, the office of New York AGl Eric Schneiderman, and a lawsuit from the state of Massachusetts. While all those inquiries cover the breach itself, Equifax’s mistakes could lead to a significant new regulatory overhang for all of the credit reporting agencies.
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  • New York unveils $20 billion plan to fight homelessness, boost affordable housing

    First phase includes $2.5 billion for new construction, development
    New York is taking homelessness and the state’s lack of affordable housing head-on with an ambitious new program announced Thursday by the state’s governor, Andrew Cuomo. According to Cuomo’s office, the state is launching a $20 billion, five-year plan to combat homelessness and advance the construction of affordable housing throughout the state.
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