Category Archives: Uncategorized

Clement to Argue for CFPB’s Constitutionality

The Supreme Court has tapped Paul Clement of the law firm Kirkland & Ellis to support the constitutionality of the CFPB director's tenure protection in the Seila Law v. CFPB case in which the Court granted certiorari last week. Because the CFPB no longer defends its own constitutionality, Clement will be designated a court-appointed amicus […]

Judge holds DeVos, Dep’t of Education in contempt for violating order to stop collecting from former Corinthian students

A federal judge has held Education Secretary Betsy DeVos in contempt for violating an order to stop collecting loan payments from former Corinthian Colleges students.The judge imposed a $100,000 fine on the Education Department for violating a preliminary injunction; the money will be used to compensate the 16,000 people harmed by the federal agency’s actions. […]

Appellate court rules that arbitrators must disclose conflicts of interest

The Ninth Circuit Court of Appeals ruled this week that arbitrators have an obligation to disclose their financial interests in the cases before them. In a 2-1 decision in Monster Energy v. City Beverages, the court vacated a $3 million JAMS arbitration award, holding the award cannot stand because a purportedly neutral JAMS arbitrator failed […]

Resigning Dep’t of Education official calls for student-loan forgiveness

The Wall Street Journal reports that a “senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system ‘fundamentally broken.'” “Wayne Johnson was appointed in 2017 by Education Secretary Betsy DeVos as chief operating officer of the Office of Federal […]

FTC takes action against developers of “stalking” apps

The Federal Trade Commission today charged the developer of three "stalking" apps with violating consumer's privacy and creating security vulnerabilities. The apps allowed purchasers to monitor a user's GPS location, text messages, and photos without the knowledge of the user. The FTC's complaint was announced concurrently with a consent order under which Retina X Studios […]

FTC releases annual National Do Not Call Registry Data Book

The Federal Trade Commission has issued the National Do Not Call Registry Data Book for Fiscal Year 2019. The Data Book contains information about the DNC Registry from October 1, 2018, to September 30, 2019. It provides information on robocall complaints, the types of calls consumers reported to the FTC, and a complete state-by-state analysis. […]

Supreme Court to Decide Constitutionality of CFPB

The Supreme Court today issued orders stemming from this morning's conference in which the Justices considered what new cases to take up. Among those cases is Seila Law v. CFPB, which raises the question of the constitutionality of the placing the agency under a director protected against removal at will by the President. The Court […]

CFPB Announces Taskforce on Federal Consumer Financial Law

The CFPB announced last Friday the planned formation of a "Taskforce on Federal Consumer Financial Law." According to the Bureau, "[t]he taskforce will examine the existing legal and regulatory environment facing consumers and financial services providers and report recommendations on ways to improve and strengthen consumer financial laws and regulations to CFPB Director Kathy Kraninger."  […]

Trump Admin’s 5 big changes to the Affordable Care Act

NPR reported today on 5 ways that the Trump Administration has undermined the Affordable Care Act. Among the takeaways: Overall, [Professor] Nicholas Bagley says, the ACA has been "pretty resilient to everything, so far, that the Trump administration has thrown at it." Some of Trump's efforts to hobble the law have been caught up in […]