ABA Files Amicus Brief Over National Bank Act
Many were surprised that the OCC elected not to challenge the decision.
Legal
Supreme Court OKs Disparate Impact Analysis under Fair Housing Act
The U.S. Supreme Court ruled today that disparate impact claims are enforceable under the Fair Housing Act. The decision in...
The Downside of Creative Repurposing
Recent government efforts to repurpose a decades-old statute into a statutory pretzel have produced a series of court actions that...
Lawmakers Challenge CFPB Arbitration Study
Eighty-five Republican members of the House and Senate in a letter Wednesday urged the Consumer Financial Protection Bureau to reopen...
‘Fair Pay and Safe Workplaces’ Proposal Released; Most Banks Not Covered
On May 28, the Labor Department, the Defense Department, the General Services Administration, and NASA jointly published proposed requirements and...
AmEx Must Change Anti-Steering Rules During Appeal
A New York court blocked American Express from implementing its anti-steering rules preventing merchants from suggesting customers use a lower-cost...
House Panel Passes Patent Reform Bill
By a bipartisan 24-8 vote, the House Judiciary Committee yesterday approved the Innovation Act (H.R. 9), which would seek to...
House Approves Measure Limiting Disparate Impact Analysis
By a 231-195 vote, the House yesterday passed an amendment to a government spending bill that would prevent the use...
Omnicare Decision Revives Deutsche Bank Class Action
The Supreme Court’s Omnicare decision revived a class action against Deutsche Bank over estimates of mortgage-backed securities exposures.
