Category Archives: Uncategorized

Does the Dodd-Frank financial reform legislation hurt community banks and, in turn, consumers?

Over two years ago, we posted a link to an opinion piece by former Senator Christopher Dodd, which responded to common criticisms of the Dodd-Frank financial reform legislation, including the criticism that the law's allegedly excessive regulation will harm small, "community" banks. Now, law professor Tanya Marsh and Joseph Norman have written The Impact of […]

CBO: Raising Medicare eligibility age by two years would save very little

For years now, some people wanting the U.S. to trim "entitlement" costs have, among other things, proposed raising the age at which non-disabled people become eligible for Medicare. The current eligibility age is 65. (Disabled people generally are eligible for Medicare two years after they become eligible for federal disability benefits.) Early last year, the […]

Delaying Affordable Care Act start dates not so simple

This article by Jennifer Haberkorn says that delaying implementation of the Affordable Care Act is not as easy as bumping things back a few days on the calendar. Insurance companies would raise a ruckus because they set their prices based on customers enrolling before April. The Obama administration doesn’t want to push the successful enrollment […]

New study on self-driving cars

We have covered the question whether self-driving cars would benefit consumers by making driving easier and reducing injuries and deaths from crashes. California has enacted legislation setting up a framework for the regulation of self-driving cars in that state. At the federal level, the National Highway Transportation Safety Administration announced a new policy in late […]

Interesting court-access decision

We blog frequently here about access-to-the-courts issues, such as standing, class-action status, pre-dispute mandatory arbitration, and so forth. So, I thought our readers might be interested in this decision issued today by Judge James Boasberg of the U.S. District Court for the District of Columbia holding that an advocacy group (Scenic America) has standing to […]

Federal Trade Commission settles with rent-to-own outfit whose alleged privacy violations make “1984” look tame

by Bradley Girard (guest post) File this under terrifying. Yesterday, the Federal Trade Commission settled with Aaron's, a rent-to-own furniture company, over charges that Aaron’s violated laws protecting consumer privacy. Aaron’s franchisees were allegedly renting computers with pre-installed software that secretly monitored consumers and transmitted information back to Aaron’s. Now, this would be cause for […]

The Impact of Wal-Mart v. Dukes

In June 2011, the Supreme Court decertified a class action brought by women claiming that Wal-Mart underpaid and underpromoted its female employees throughout the chain. The Court's decision in the case, called Wal-Mart v. Dukes, was predicted to have significant effect on plaintiffs' ability to litigate Title VII discrimination cases on a classwide basis. Two […]

CFPB investigates eBay’s “Bill Me Later” Program

The Consumer Financial Protection Bureau has subpoenaed documents from eBay relating to its "Bill Me Later" financing service, which allows financing of purchases from many online stores, apparently over concerns that the finance charges imposed by "Bill Me Later" are excessive. The Wall Street Journal has details about the CFPB investigation.