The Business Roundtable, an association of CEOs, sent President Trump yesterday a list of rules it wants delayed, altered or repealed. Prominent among the rules listed are protections for workers and the environment, along with the net neutrality rule and some Affordable Care Act rules. The list is available here. USA Today has the story.
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The Federal Trade Commission and the Maine Office of the Attorney General announced three settlements with dietary supplement marketers who allegedly used radio infomercials deceptively formatted as talk shows and print ads featuring fictitious endorsers to advertise supplements purporting to improve memory and to reduce back and joint pain. The three court orders resolving charges […]
There's a lot out there that you've no doubt read about the difficulties for Republicans in actually repealing the Affordable Care Act. Surprise, surprise: It's not as easy as saying "Public Law 111-148, as amended, is hereby repealed." (Gotta have that "hereby.") One problem (among many): People may not like "Obamacare" in the abstract — […]
That is the name of this article by law prof David Reiss. (Jeff had posted earlier on Reiss's views on this topic.) Here is the abstract: U.S. Supreme Court nominee Judge Neil Gorsuch would have an outsized influence on federal consumer protection enforcement if he is confirmed. In particular, if PHH v. Consumer Financial Protection Bureau, 839 F.3d 1 […]
The Washington Post reports today: Wells Fargo announced Tuesday that it had fired four executives as its board of directors nears completion of its investigations into sham accounts set up by employees to allegedly meet sales quotas. The four executives come from the megabank’s community banking division. They will not receive 2016 bonuses and will […]
The Department of Transportation says that "[a]lthough rail incidents have declined over the last 10 years, railroad crossing fatalities spiked in 2014. [And in 2016] alone, 232 people died in railroad crossing accidents, and approximately every three hours, a person or vehicle is hit by a train in the United States." So, DOT is doing a […]
AAJ Research (an arm of the American Association for Justice) has written Driven to Safety: Robot Cars and the Future of Liability. Here is the abstract: Widespread adoption of robot cars could have a revolutionary impact on these figures, potentially preventing 90 percent of crashes and saving thousands of lives every year. The impact of such […]
The Wall Street Journal reports: President Donald Trump believes the structure of the Consumer Financial Protection Bureau makes the agency “unaccountable” to the American people, according to a White House spokesperson, weighing in for the first time in the debate about the future of the watchdog agency created under the Obama administration. The comment came […]
Washington Post columnist Christopher Elliott fills us in If you’re an experienced traveler, maybe you know about the Department of Transportation’s 24-hour rule for airline ticket purchases, or EU 261, the European consumer protection regulation for air travelers, or the Fair Credit Billing Act. But what about the cruise bill of rights? The flat-tire rule? […]
The New York Times reports: At a time when many Republicans are urging President Trump to weaken the Consumer Financial Protection Bureau, a federal judge has now upheld its authority to issue a subpoena in a housing finance investigation. Judge Nancy G. Edmunds of Federal District Court in Detroit has ruled that one of the […]