On January 26, the Maryland Financial Consumer Protection Commission (the “Commission”) and ranking officials from the Maryland legislature announced bipartisan “Interim Recommendations” of the Commission for State and local action in response to the federal government’s “efforts to change or weaken […] important federal consumer protections.” New legislation in response to the recommendations is expected to be released in the near future. Key recommendations include, among other things: (i) requiring credit reporting agencies to provide an alert of data breaches promptly and provide free credit freezes; (ii) adopting new financial consumer protection laws in areas where the federal government may be weakening oversight; (iii) addressing potential issues with Maryland’s current payday and lending statutes; (iv) adopting the Model State Consumer and Employee Justice Enforcement Act that addresses forced arbitration clauses; and (v) adopting new laws that address new risk, such as, virtual currencies and financial technology.