br00t4c, to random
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JasonPerseus, to Law
@JasonPerseus@mas.to avatar

So all the action in opinion is in the concurrences.

Justice Kagan writes separately in concurrence, joined by Sotomayor, Kavanaugh, and Barrett.

For which purpose do these four find common ground?

To grant interpretive weight to traditionalism and evolving practice over time.

With big, big administrative cases coming up on their docket, perhaps a significant signal?

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

CFPB's SCOTUS Victory Shines More Light on 5th Circuit Judge Shopping Problem and Corporations Gaming the System

#cfpb

https://accountable.us/cfpbs-scotus-victory-shines-more-light-on-5th-circuit-judge-shopping-problem-and-corporations-gaming-the-system/

JasonPerseus, to Law
@JasonPerseus@mas.to avatar

The #CFPB decision this week is wild.

I’m going to slowly work through it over the next few days so I can properly take it all in.

@chrisgeidner posted a nice rundown at LawDork, if you’re looking for a good read: https://www.lawdork.com/p/scotus-cfpb-payday-lending-decision-thomas

#law #lawfedi #legal #uspol #uspolitics #politics #SupremeCourt #SCOTUS

ginaintheburg, to random
@ginaintheburg@mastodon.world avatar

surprise:

Thomas agrees: the Consumer Financial Protection Bureau doesn't have to petition Congress for funds each year like other govt programs.

It's authorized to draw from the Federal Reserve whatever its Director deems "reasonably necessary to carry out" the Bureau’s duties, subject only to an inflation-adjusted cap.

He wrote: the only question is does this funding mechanism comply w/the Appropriations Clause. We hold it does.

Six others agreed.

https://lawandcrime.com/supreme-court/blatantly-attempts-to-circumvent-the-constitution-justices-thomas-and-alito-clash-over-agency-created-during-obama-years-after-2008-financial-crisis/

NewsDesk, to USpolitics
@NewsDesk@flipboard.social avatar

The U.S. Supreme Court rejects conservative challenge to the federal consumer protection agency.

NBC News reports: "The justices rejected a business-backed argument that could have hobbled the Consumer Financial Protection Bureau, which protects people from unlawful financial services practices such as predatory lending."

https://flip.it/pDcLPc

#CFPB #SupremeCourt #ConsumerProtection #Consumer #USPolitics #News

DemocracyMattersALot, to random
@DemocracyMattersALot@mstdn.social avatar

Now do scumbag Trump...

#SCOTUS #CFPB #PaydayScammers

Supreme Court Rejects Payday Lender Effort To Gut The Consumer Financial Protection Bureau https://www.huffpost.com/entry/scotus-rejects-gut-consumer-financial-protection-bureau_n_662f9dfee4b09dcb78307896

br00t4c, to random
@br00t4c@mastodon.social avatar

Watchdog: Yet Another Predatory Lender Behind Anti-CFPB SCOTUS Lawsuit Tied to Illicit Behavior Allegations

#cfpb

https://accountable.us/watchdog-yet-another-predatory-lender-behind-anti-cfpb-scotus-lawsuit-tied-to-illicit-behavior-allegations/

br00t4c, to random
@br00t4c@mastodon.social avatar
crecente, to VideoGames
@crecente@games.ngo avatar

A new report from CFPB (US) examines consumer risk in the videogame industry:

▪️ Game products & services resemble financial products

▪️ Game companies offer little support for scammed consumers

▪️ Game companies collect surveillance data about players of their games

🌐 https://www.consumerfinance.gov/data-research/research-reports/issue-spotlight-video-games/

jrefior, to random
@jrefior@hachyderm.io avatar

I saw people out working for the #ElizabethWarren campaign in front of the grocery store today. A few years ago, I gave her $300 and voted for her. With her background and messaging, and coming from the #CFPB in particular, I hoped she would actually fight for Americans with no wealth and little income.

Instead, most of what she did for two years was call for Biden to subsidize the upper middle class (her donor base); and convince young, left-leaning people to hate #Biden

#inequality

monkeyborg, to random
@monkeyborg@triangletoot.party avatar

So Roku makes you agree to new terms of service waiving your right to sue the company in order to keep using the hardware you paid for, then three days later reveals a data breach.

I guess weʼve given up pretending that capitalism is anything more than open war of all against all at this point?

WagesOf,
@WagesOf@gamepad.club avatar

@monkeyborg in a sane world a TOS change would require a "refund if refused" thing.

#CFPB, where the fuck are you?

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
gwaldby, to random
@gwaldby@mastodon.social avatar
DemLabs, to random
@DemLabs@newsie.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
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br00t4c, to darkbrandon
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

CFPB Report Finds Long-Predicted Student Loan Servicer Problems

#cfpb

https://prospect.org/education/2024-01-08-cfpb-report-student-loan-servicer-problems/

ZhiZhu, to Travel
@ZhiZhu@newsie.social avatar

"Frustrated with that charge passengers steep fees to check bags and change flights, last fall embarked on a campaign to crack down on the practice — and force companies to show the full price of before people pay for their .

Fliers rejoiced...

Since then, the administration has broadened its efforts to expose or eliminate throughout the "
https://www.washingtonpost.com/business/2023/11/19/companies-lobbyists-fight-junk-fees/

ZhiZhu,
@ZhiZhu@newsie.social avatar

"The #CFPB expects to finalize its credit card fee limit early next year. In the meantime, the vociferous opposition has underscored a harsh reality: Even the most #popular acts of #government threaten to become mired in intractable #legal fights, potentially delaying or denying financial relief to #Americans.

“Consumers might not benefit while the issue is in litigation, which can last for years,” said John Breyault"
https://www.washingtonpost.com/business/2023/11/19/companies-lobbyists-fight-junk-fees/

#Finance #SCOTUS #Corporate #Corruption #USA #News

br00t4c, to random
@br00t4c@mastodon.social avatar
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