In the first Consumer Financial Protection Bureau oversight hearing of 2019, "Democrats repeatedly hammered Director Kathy Kraninger and GOP lawmakers for supporting recent changes at the agency." Rollcall has the story, here.
Category Archives: Uncategorized
by Jeff Sovern There's been a lot of talk among law professors about the US News plan to measure faculty scholarly impact in part by citations to faculty scholarship (see here for a blog post citing to commentary). While for now US News says it will not incorporate the citation rankings into its general law […]
Here is the opening of the New York Times article on Gottlieb's resignation: Scott Gottlieb, the commissioner of the Food and Drug Administration, known for his aggressive efforts to regulate the tobacco and e-cigarette industries, said on Tuesday that he would resign at the end of the month.The reason he gave was family and his […]
This article by Stuart Singer discussed how one company has a program to help students pay off their student loans. According to the Federal Reserve, outstanding student-loan debt was $1.57 trillion in 2018, more than triple the $487 billion in 2006.
Electric scooters have simply showed up on the streets, placed there by profit-seeking companies, largely or entirely unregulated. Read this story by Sharon Jayson concerning an investigation into the large number of injuries caused by e-scooters currently underway at the Centers for Disease Control.
Bryan Casey has written Robot Ipsa Loquitur. Here is the abstract: Accidents are becoming automated. From self-driving cars to self-flying drones, robots are increasingly colliding with the world. And one of the most pressing questions raised by these technologies — indeed, one of the great regulatory challenges of the coming era — is how the law […]
The American Banker reports on state efforts to pass consumer privacy laws, including laws passed others under consideration. The article is here.
The Consumer Product Safety Commission has created a recall app for your mobile phone allowing easy tracking of federal consumer product safety recalls. Get the app here.
Last week, the National Consumer Law Center's Chi Chi Wu testified before the House Financial Services Committee on continuing serious problems plaguing the credit reporting industry, including its failure to ensure the accuracy of credit reports. Among other things, the testimony identified these concerns: unacceptable error rates and the myriad types of systemic inaccuracies in […]
Read this article by Renae Merle entitled How a payday lending industry insider tilted academic research in its favor. It explains how payday-loan industry lobbyists bought (and sometimes wrote) research from supposedly independent academics purporting to show that payday loans don't harm consumers. Oh, and by the way, the payday-loan industry's lobby group "held its 2018 […]