Read this piece by James Hohmann, which argues that the importance of Trump's loss on health care is being overblown and that, in fact, Trump is largely succeeding so far. It includes this passage: Despite the chaos and the growing credibility gap, Trump is systematically succeeding in his quest to “deconstruct the administrative state” [quoting Steve Bannon] He’s […]
FairWarning reports: Can a used car be marketed as “safe” or “certified” even if it has defective air bags, a faulty ignition switch or other potentially lethal problems? Yes, so long as the used car dealer discloses that the vehicle may be subject to a pending safety recall. That stance, taken by the Federal Trade […]
This article by Alan Rappeport provides details on the Trump Administration's plans to move on to tax legislation and climate policy, after Trump's spectacular failure to repeal and replace the Affordable Care Act. Rappeport says that this week "the administration will issue an executive order that will begin to dismantle a rule issued by former president […]
About I week ago, I posted an opinion piece by consumer reporter Michelle Singletary explaining why Trump's plan to cut medicaid was "disastrous." She's now written an article about readers' vicious reactions to that piece.
by Jeff Sovern We've blogged several times about the House Financial Service Subcommittee hearing on the constitutionality of the CFPB, at which PHH's lawyer Ted Olson, among others, testified. Now that I have listened to the hearing, I have a few reactions. Personally, I found the questioning by the Democratic members disappointing. For the most part, […]
David Horton of California, Davis has written Arbitration About Arbitration Stanford Law Review, Vol. 70, (2017 Forthcoming). Here is the abstract: Recently, the U.S. Supreme Court’s interpretation of the Federal Arbitration Act (“FAA”) has nearly eliminated consumer and employment class actions, sparking vigorous debate. Yet another important development in federal arbitration law has received less […]
… because who doesn't want their online history collected and sold by internet companies? The New York Times has the story.
Ray Brescia of Albany, along with Albany alum Ralph Scunziano, the Empire Justice Center, and the Association for Neighborhood & Housing Development (ANHD) have created a New York Bank Ratings Index. The web site is here; a report on the project here, and Ray also has a Medium op-ed titled Putting Consumer Protection in the […]
Still at work, the Consumer Financial Protection Bureau announced today action against credit reporting agency Experian for deceiving consumers about the use of credit scores it sold to consumers. Experian claimed the credit scores it marketed and provided to consumers were used by lenders to make credit decisions. In fact, lenders did not use Experian’s […]