The m9st fucked up thing of all is that he first tried to not make a ruling at all, stating that it should be ruled at Washington DC because there weren’t a ton of banks out of Texas. But they kicked it back to him and forced him to make a ruling on it.
Yeah except that he ruled based on a previous ruling that the CFPB was improperly funded by Congress because it wasn’t constitutional. This time it was properly funded so that no longer applies (basically ruling the way that the CFPB is funded – via the Federal Reserve (they used to do some of the stuff that the CFPB now does) per the Dodd-Frank Act that Congress instead of being part of the normal annual budget is unconstitutional).
Seems like an easy target for SCOTUS to kick the lawsuit back down to the circuit court and tell the court that it was erroneous in its ruling. But the SCOTUS isn’t really predictable anymore, so who knows.
I listen to a lawyer podcast and they said you can tell when SCOTUS is going to to do something horrible. Because suddenly they play nice and there’s a lot of unanimous rulings that come out. You know like this year…
The m9st fucked up thing of all is that he first tried to not make a ruling at all, stating that it should be ruled at Washington DC because there weren’t a ton of banks out of Texas. But they kicked it back to him and forced him to make a ruling on it.
He kind of tried to be responsible/sensible.
No, he tried to make someone else the bad guy, and ended up caving in as well.
Yeah except that he ruled based on a previous ruling that the CFPB was improperly funded by Congress because it wasn’t constitutional. This time it was properly funded so that no longer applies (basically ruling the way that the CFPB is funded – via the Federal Reserve (they used to do some of the stuff that the CFPB now does) per the Dodd-Frank Act that Congress instead of being part of the normal annual budget is unconstitutional).
Seems like an easy target for SCOTUS to kick the lawsuit back down to the circuit court and tell the court that it was erroneous in its ruling. But the SCOTUS isn’t really predictable anymore, so who knows.
No the SCOTUS IS predictable and in a bad way.
I listen to a lawyer podcast and they said you can tell when SCOTUS is going to to do something horrible. Because suddenly they play nice and there’s a lot of unanimous rulings that come out. You know like this year…