This is pretty wild. Last year pacer brought in almost $150m in fees. How much could it possibly cost to run a website seemingly untouched since the last few increase in 2012?
The cost of your flight went up because you searched for it twice. Your rideshare costs more because your phone battery is dying.
This is surveillance pricing – corporations using your own data and behaviors against you.
In the US Senate, I’ve got a plan to ban it.
@JohnCleese This is similar to the algorithm described by @doctorow where a medical staff agency assessed how desperate a nurse was for a shift using their credit reports & paid them less if they looked like they really needed the money
As the federal judge in Oregon recognized, “this is a nation of Constitutional law not martial law”. Within 24 hours we will be filing a legal challenge to the President’s unlawful deployment of the National Guard.
Who immediately brought the agency to a screeching halt. Shutting down CFPB isn't about saving taxpayers money. It's about enriching the biggest banks, credit card companies, mortgage and payday lenders by letting them pick your pocket.
If you need to prevent people from talking to lawyers, what you're doing to them is almost certainly illegal.
DOJ orders federally funded legal service providers to stop providing support at immigration courts https://t.co/dUCbnwU8ix
Trump just did a mass firing at the CFPB, basically taking a wrecking ball to the anti-scam police. It’s one of the best government agencies in America, it returned $19B to defrauded Americans.
1, Biden is wrong. The view that Congress cannot impose a time limit but states cannot rescind is implausible.
2, where is the OLC memo? Or alternatively, what happens to the archivist?
3, announcing this today, with no plan to enforce it, is a recipe for maximum instability.
Today, the @CFPB sued @BankofAmerica, @Chase and @WellsFargo for allowing fraud to fester on @Zelle.
Faced with a competitive threat from new digital payment apps, the defendant banks rushed to launch and then left their customers in a lurch when things went wrong.
We've long suspected that Spotify was recruiting fake artists and juicing them in its algorithm and placing them on the most popular playlists. Liz Pelly collected the internal docs + other evidence to finally prove it.
From me: Trump announced Lina Khan's replacement on Tuesday. The same day, Khan's FTC blocked a giant grocery merger. The key here is the second thing: Khan and her colleagues are starting to convince the judiciary of their theories, and that's not going to end.
Politicians are increasingly using lawsuits to silence critical media coverage, putting newsrooms — especially local outlets — at risk of bankruptcy.
Learn more about the impact of legal harassment of U.S. journalists: https://t.co/gsIvjRwpRu
This couldn't be more false—@CFPB firmly opposed debanking and has taken measures to stop it.
The real reason @pmarca, @elonmusk & other tech oligarchs are attacking this agency is because it has protected consumers against scams they’ve profited from.
Receipts.🧵👇