Current News. Our primary focus is on consumer and antitrust issues where local action in support of consumers can be relevant and effective. To offer comments, or receive our weekly newsletter, contact the editor at  donresnikoffdonresnikofflaw. From Public Citizen Blog Professor Chris Petersons study on why the republican version of the CFPB contained in the Financial Choice Act of 2. If you want to learn what the CFPB would look like if republican plans to defang it were enacted, law prof Chris Peterson has done a study for you Choosing Corporations Over Consumers The Financial Choice Act of 2. CFPB. Here is the abstract The Consumer Financial Protection Bureau CFPB is the U. S. Governments primary regulator and civil law enforcement agency governing consumer lending, payment systems, debt collection, and other consumer financial services. Created in the wake of the financial crisis, Congress tasked the agency with stopping deceptive, unfair, and abusive consumer finance. BEFORE answering the following question, please read the State Specific Instructions below if you reside in, or are applying for a position in California, Connecticut. However, Congress is currently considering legislation which would significantly change the CFPBs law enforcement authorities. This Article analyzes the proposed Financial Choice Act of 2. CFPB, and eliminate many of the CFPBs law enforcement powers. If the Financial Choice Act were the law of the United States from 2. CFPBs enforcement track record have changed Drawing upon pleadings, consent orders, settlement agreements, press releases, and other public documents, this Article presents an empirical study of every publicly announced CFPB enforcement case to determine what law enforcement cases and awards would have been eliminated had the bill been law. Among the studys findings, had the Financial Choice Act had been adopted in 2. Over 9. 1 percent of consumer restitution for illegal home mortgage lending practices, amounting to 2. Over 9. 4 percent of consumer restitution for illegal credit card practices amounting to 6. Every single case addressing illegal practices in the payday and car title lending industry. The study concludes that the Financial Choice Act of 2. CFPBs law enforcement program. On Thursday, November 3. High Court judge in London handed a win to Visa, ruling in a long running case brought by Sainsburys Supermarkets Ltd. In 2. 01. 3 a group of high street retailers launched legal proceedings in the UK, claiming that Visas UK and cross border European interchange fees were contrary to competition law. The card giant is now claiming victory after a high court ruling that its UK fees are lawful and is looking to put the matter to bed, urging merchants to work with it to create the future of digital commerce. In an open letter, Visa said, We hope the Courts decision will accelerate the collaboration between retailers and Visa and will allow us to address the greatest disruption and potentially the greatest opportunity facing the merchant community in Europe today the digitisation of commerce. A Sainsburys spokeswoman said, This claim concerned the damage Sainsburys maintains was caused by Visas breach of UK and EU competition laws in its setting of interchange fees. Sainsburys is disappointed by the decision of the High Court in finding that Visa had not infringed competition law. Sainsburys is now considering its position. It is expected to launch an appeal. Penjualan Stok Barang Php more. Sainsburys won a separate court case last summer, with a 6. US9. 1. 9 million award from Mastercard. Full Content AOL  Law 3. Free Download Ornament Vector Psd here. Statutorily Sealed Case File In Connecticut What Is The Fine' title='Statutorily Sealed Case File In Connecticut What Is The Fine' />Documents court cases that refute arguments used by persons advocating the nonpayment of federal income tax. Provides evidence that directly contradicts all claims. Download Game Diablo 3 Offline Full Games'>Download Game Diablo 3 Offline Full Games. The ACLU brief in US v Carpenter, the recently argued US Supreme Court case on warrantless use of cellphone location data From the brief Simply by using cell phones, the government maintains, the populace gives law enforcement constitutionally unchecked authority to collect a detailed record of every persons historical whereabouts   without probable cause, a warrant, or any Fourth Amendment protection whatsoever. This cannot be right. The brief is at https www. The Supreme Court seemed ready at oral argument  to interpret a federal law protecting whistle blowers narrowly, barring many retaliation suits from people who say they were fired for reporting wrongdoing. The plain words of the law, part of the Dodd Frank Act, required that conclusion, justices across the ideological spectrum said. How much clearer could Congress have been Justice Neil M. Gorsuch asked. The question for the justices was who qualified as a whistle blower entitled to protection from retaliation. Most of the justices seemed ready to rely on the definition in the law itself, which defines whistle blower to mean an individual who provides information relating to a violation of the securities laws to the Securities and Exchange Commission. Statutorily Sealed Case File In Connecticut What Is The Fine' title='Statutorily Sealed Case File In Connecticut What Is The Fine' />The definition seemed to exclude people who merely reported wrongdoing to their employers, and some justices said that could have been a drafting oversight. The transcript of the oral argument before the US Supreme Court is here  https www. See NYT article  https www. CVS Health could announce an acquisition of insurer Aetna for more than US6. Monday, December 4. The talks are advanced and would likely see Aetna valued at between US2. US2. 05 a share offered mainly in cash. Aetna shares rose about 1 on the news. CVS shares rose more than 2 on the report. Full Content Wall Street Journal. Leandra Englishs lawsuit defending her right to head the CFPB is here https assets. English Complaint CFPB. From the Complaint Effective at midnight on November 2. Bureaus first Director, Richard Cordray, resigned his post. At that point, plaintiff Leandra English, the Bureaus Deputy Director, became the agencys Acting Director by operation of law. The Dodd Frank Act is clear on this point It mandates that the Deputy Director shall. Director in the absence or unavailability of the Director. U. S. C. 5. 49. B. By statute, she serves in that capacity until such time as the President appoints and the Senate confirms a new Director. See 1. 2 U. S. C. Case 1 1. 7 cv 0. Document 1 Filed 1. Page 1 of 9 2 Disregarding this statutory language, President Trump issued a press release on the evening of November 2. Mulvaney, the Director of the White House Office of Management and Budget, as the Bureaus Acting Director. Under this scenario, Mr. Mulvaney would seek to serve indefinitely as the interim head of a statutorily independent agency while simultaneously occupying his current White House post. The President apparently believes that he has authority to appoint Mr. Mulvaney under the Federal Vacancies Reform Act of 1. U. S. C. 3. 34. But the Vacancies Act, by its own terms, does not apply where another statute expressly. U. S. C. 3. 34. Bwhich is exactly what the Dodd Frank Act does. The Trump administration late Friday set up a clash over the leadership of the Consumer Financial Protection Bureau, installing an acting director hours after Richard Cordray told the agency his chief of staff would assume the role at the moment of his departure. Cordray named Leandra English as deputy director, setting her up to become acting director after Cordrays departure. Cordray sent out his resignation letter to staff on Friday, moving up his planned departure a week. His resignation is effective midnight on Friday. Cordray said in a separate letter to the CFPB on Friday In considering how to ensure an orderly succession for this independent agency, I determined that it would be best to avoid leaving this key position filled only in an acting capacity.