Squires & Kirsch in HuffPo: The Consumer Financial Protection Bureau: Past, Present, and Future

Here. Excerpt: In the wake of the recent election, the mind-boggling possibility of a return to the pre-crisis world of 2008 is now a real threat. That is precisely what would happen if Congress and the incoming Administration forget why the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted and what the Consumer […]

“The GOP’s big problem: Lost health coverage”

That's the title of this story by the AP's J. Scott Applewhite. Here's an excerpt (which includes a reference to a leaked "Governors only" report I posted about yesterday): The warning signs are becoming inescapable for Republicans: Their most likely Obamacare replacement plans are getting terrible estimates on how many people they'll cover. Republicans have been pretty open that […]

“Economism” and its effects on consumer welfare and equality

Building on Jeff Sovern's review of James Kwak's book, Economism: Bad Economics and the Rise of Inequality, on this blog, law prof Pamela Foohey at Credits Slips takes a look at what she views as a book with a similar message: Cathy O'Neil's Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy. Foohey says that O'Neil […]

More on the FTC: Politics and History

The WSJ recently published Companies Seek to Sway Trump Administration on FTC Choice (behind pay wall) about who the next FTC chair will be.  Google's rivals want Utah AG Sean Reyes, while acting chair Maureen Ohlhausen remains a possibility. Commissioner Ohlhausen is seen as more accommodating to Google  because of an earlier antitrust decision in which she […]

Leaked “Governors only” report presented to the National Governors Association shows that millions would lose health coverage under republican proposal to replace the Affordable Care Act

Read the leaked report. According to this article by Sarah Kliff, the report, produced by the health research firm Avalere Health and the consulting firm McKinsey and Company includes graphs on what the Republican plan to overhaul Obamacare’s tax credits, generally making them less generous, would do. [The report's projections] are based on the recent 19-page proposal […]

When driverless cars crash, who gets the blame and pays the damages?

That's the name of this Washington Post article by Ashley Halsey III. Among other things, Halsey discusses the research of law professor Bryant Smith, who has written Automated Driving and Product Liability, which Halsey calls "the most definitive public legal research to date on autonomous cars." Halsey identifies seven basic insights from Smith's research: ●There will be a shift […]

AmBanker: CFPB faces Catch-22 on pending arbitration rule

Here (behind paywall). Excerpt: "* * * Director Cordray has been reluctant to issue a final arbitration rule, is because I think he realizes that there is a very high likelihood of it being overridden," said Alan Kaplinsky, a partner at the law firm Ballard Spahr. * * * It's also not a guarantee that […]