The DC Circuit today granted the CFPB’s petition for rehearing en banc of the decision holding its structure unconstitutional. The court vacated the October 2016 decision (see Brian's October post here) and set a quick briefing schedule, with the petitioner's s opening brief due on March 10 and the CFPB's due on March 31. It […]
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Here is Politico's answer: SHOULD TRUMP HEAR FROM CONSUMER GROUPS? – St. John's University law school's Jeff Sovern emails: "You reported today that the president 'will participate in a listening session with the Retail Industry Leaders Association and member company CEOs.' You have reported a number of sessions in which the president met with CEOs. […]
"Senate Democrats on Tuesday enlisted Janet L. Yellen, the Federal Reserve chairwoman, as an expert witness against Republican plans to roll back postcrisis financial regulations. In testimony before the Senate Banking Committee, Ms. Yellen said repeatedly that the new safeguards were effective and that regulation was not impeding economic growth." The New York Times article […]
The New York Times reports today: President Donald Trump's vow to roll back government regulations at least 75 percent is causing anxiety for some pharmaceutical executives that a less robust Food and Drug Administration would make it harder to secure insurance coverage for pricey new medicines. The prospect of big change at the regulatory agency […]
The Washington Post reports: A federal class-action lawsuit alleges that JPMorgan Chase plotted to bilk D.C. jurors of money by forcing them to receive jury service payments on Chase debit cards that come with fees attached. The suit, filed Tuesday in U.S. District Court for the District of Columbia by D.C. attorney William Mark Scott, […]
FairWarning reports that "Tobacco giant R.J. Reynolds, the top seller of the menthol cigarettes favored by most black smokers, is seizing on the hot button issue of police harassment of blacks to counter efforts by public health advocates to restrict menthol sales." The full story is here.
This article by LA Times reporter Jim Puzzanghera explains how congressional democrats are planning to defend the Dodd-Frank financial reform litigation from serious incursions or repeal.
Go, for instance, here and here. Update: The Consumerist has this nice explanation.
February 2, 2017 – New York Salesman Sentenced to Prison for Fraudulently Selling Vending Machine Businesses February 1, 2017 – United States Files Enforcement Action Against Florida Company and Senior Managers to Stop the Adulteration and Misbranding of Medicated Animal Feeds January 31, 2017 – Three Individuals Arrested and Charged in South Dakota Fraudulent Medical […]