Category Archives: Uncategorized

“Gorsuch, CFPB and Future of the Administrative State”

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 […]

“Wells Fargo fires 4 executives over sham-accounts scandal”

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 […]

Improving safety at railroad crossings

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 […]

Two items on the CFPB: Trump and a new bill

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 […]

“The best consumer-friendly travel regulations you’ve never heard of”

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? […]

CFPB can demand answers about home foreclosures, judge rules

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 […]

So what has Congress been up to?

Caitlin Cattelino of Defenders of Wildlife writes that "[t]he first month of the Trump administration has ushered in a new era of uncertainty for the future of our nation’s treasured public lands, unique biodiversity, and conservation values. And with the frenzy of executive orders, cabinet nominations, and protests across the country, it may have been […]

DC Circuit grants rehearing of decision holding CFPB’s structure unconstitutional

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 […]

When Will the President Meet With Consumer Advocates?

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. […]