- cross-posted to:
- usnews@lemy.lol
- cross-posted to:
- usnews@lemy.lol
A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
US District Judge Mark T. Pittman, an appointee of former President Donald Trump, granted a preliminary injunction to several business and banking organizations that allege the new rule violates several federal statutes.
These organizations, led by the right-leaning US Chamber of Commerce, sued the Consumer Financial Protection Bureau after the rule was finalized in March. The rule, which was set to go into effect Tuesday, would save consumers about $10 billion per year by cutting fees from an average of $32, the CFPB estimated.
Of course it’s Texas.
It’s a federal judge, Texas is incidental here
The 5th circuit is a treasured location to forum shop to get the outcome the plantiffs are looking for.
https://prospect.org/justice/2024-04-15-americas-fifth-circuit-problem/
I remember how frequent “legislating from the bench” came up on the news - Is the GOP up in arms about this one?
“activist judges” was the term I remember, but only when right wingers were
projectingcomplaining about liberal judges…I hate this timeline so much. Lie lie lie lie lie and get their way.
Idk if it’s this one, but there’s one Texas county they love ramming these things through because there’s only one judge and he’s a hardcore trumper.