The complaint is here. The plaintiff is a D.C. wine bar (Cork) that competes with Trump's new businesses. Here is an excerpt that gives you the gist: Plaintiff's claims are based on the unfair advantage that the Trump International Hotel and its dining establishments, in a building owned by the United States and operated by the […]
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That's the gist of this article by John Harwood. Here's an excerpt: Exit polls showed that just 10 percent of Trump's votes came from Americans earning $200,000 or more. Yet those voters would derive all benefits from the repeal of the two individual tax hikes targeting them: a 0.9 percent tax on their earnings, and a 3.8 […]
A new analysis finds that, under the proposed republican replacement for the ACA, 6 to 10 million would lose health insurance in the private market and, between 2020 and 2024, the Medicaid program would lose 4 to 6 million recipients. But health insurance industry profits would likely climb. Read about it here.
The Department of Education announced on Monday that it will delay implementing new rules designed to punish career-training schools that leave students with high levels of debt but weak job prospects. The Wall Street Journal (subscription required) explains: The move delays new rules known as “gainful employment” that formed a key piece of former President […]
In January, a company calling itself "Company Doe" filed suit against the CFPB to challenge its constitutionality. The theory of the complaint was that, in light of the DC Circuit's (now vacated) decision in PHH v. CFPB finding the structure of the CFPB unconstitutional, the agency should be enjoined from taking any action against Company […]
This article by Steve Eder explains the situation. A notice sent out at the class-certification stage in 2015 gave class members the right to opt out — as is required in all Rule 23(b)(3) class actions (such as the Trump University class action). But now a class member named Sherri Simpson is seeking to opt out at […]
The New York Times, in a story called "How Uber Deceives the Authorities Worldwide," reported on Friday: Uber has for years engaged in a worldwide program to deceive the authorities in markets where its low-cost ride-hailing service was resisted by law enforcement or, in some instances, had been banned. The program, involving a tool called […]
by Jeff Sovern I was talking to someone yesterday who pointed out that even if Obamacare can be repealed through the reconciliation process–meaning a simple majority is enough to get it through the Senate–the Republicans may not have enough votes. If they don't pick up any Democratic votes, they can afford to lose only two […]
Imposter scam complaints surpassed identity theft for the first time as the second most common category of consumer complaints received by the Federal Trade Commission’s Consumer Sentinel Network in 2016, according to the agency’s new Data Book. Although debt collection complaints declined slightly between 2015 and 2016, they remained the top consumer complaint category, comprising […]
The Consumer Financial Protection Bureau has released a report detailing the problems in the credit reporting industry that the CFPB uncovered and corrected through its oversight work. The report identifies significant issues with the quality of the credit information being provided by furnishers and maintained by credit reporting companies, and it outlines the actions that […]