Portfolio Recovery Associates (PRAA) and Sherman Financial Group LLC were said to have agreed to stop collecting around $16 million in judgements and pay $475,000 in combined fines to settle with the state of New York regarding allegations of violating a law governing debt collections, Bloomberg reported.
Activist group Moms Demand Action for Gun Sense has intensified its efforts to convince Capitol Hill to establish stricter gun control measures and recently held an event on Wednesday to promote gun control in the country, USA Today reported.
US senator Mitch McConnell's key cause to boost his chances in the May 20 Senate primary is to bar potential measures that could restrain or shutter down coal plants in the state of Kentucky, Bloomberg reported.
Sources shed light on what goes on inside the US government's crackdown to hold parent companies of banks currently under probe for wrongdoing.
