Consumer financial services lawyer and partner with Hudson Cook, LLP. Avid reader, OSU Cowboys fan and dog whisperer. Tweets are my own and not legal advice.
BREAKING: #SCOTUS, 6-3, lets Trump sideline Biden appointee Rebecca Slaughter from Federal Trade Commission. #SCOTUS will also hear arguments in December on overruling Humphrey's Executor, case that upheld Congressional limits on firing FTC members Doc: https://t.co/6SqD6Afz9e
Commissioner Slaughter and I just sued to clarify that we're still FTC commissioners. But this is bigger than us. This is about economic stability. If the President can break a 90-year-old Supreme Court ruling to fire us for no reason, he can do it to the Fed, the FDIC and SEC.
Pursuant to the Consumer Financial Protection Act, I have notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not "reasonably necessary" to carry out its duties. The Bureau's current balance of $711.6 million is in fact excessive in the current fiscal environment. This spigot, long contributing to CFPB's unaccountability, is now being turned off.
It's been an honor serving as your @CFPB Director.
Every day, Americans from across the country shared their ideas and experiences with us. You helped us hold powerful companies & their executives accountable for breaking the law, and you made our work better.
Thank you. 🇺🇸🇺🇸🇺🇸
Don't miss @hudsoncookllp partner @EricLJohnson speaking at the 28th Annual National Automotive Finance Association Non-Prime Auto Financing Conference in June. Register for the conference here https://t.co/NfKHg3gkFB
Stay informed about the #CFPB's 2023 #mortgage actions with a comprehensive annual review from Hudson Cook, LLP's team: Jed Mayk, @EricLJohnson, @ConsumerFinance, and Laura Bacon. Covering key regulatory developments,👉https://t.co/KnIOQBQeir
#regulation
@hudsoncookllp is a proud sponsor of the @AFSA_DC
Vehicle Finance Conference and Expo this week in Las Vegas, along with our fellow Diamond Sponsors. Stop by for a "Hudson Cookie" at the Hudson Cook Lounge and the https://t.co/hOs7KdQHlA LLC booth 23.
@hudsoncookllp consumer finance attorneys Justin Hosie, @EricLJohnson, and Laura Bacon summarize their recent episode of the CFPB Bites of the Month webinar. Check out the post below, request a webinar replay, and sign up for next month’s webinar here https://t.co/dIazJtDj2l
ICYMI: FTC is considering a rule designed to fight deceptive advertising, crack down on bait-and-switch marketing, and put a stop to hidden add-on charges when consumers shop for cars. Read the Notice of Proposed Rulemaking and let us know what you think: https://t.co/Kzi5jmqiFx