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.

  • madcaesar@lemmy.world
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    6 months ago

    I want stories like this bombarded at the morons on here saying Biden does nothing and both sides are the same.

    This Trump fucker is actively fighting for mega corps.

    • Flying Squid@lemmy.world
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      6 months ago

      It doesn’t matter to them. They think all they have to say is “Genocide Joe” and they’ve made their argument.

      • BossDj@lemm.ee
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        6 months ago

        Nah, the Trump base doesn’t give two shits about Israel/Palestine. And they’ll never know Biden ever tried. I’m pretty sure they’re still talking about the laptop

      • GiddyGap@lemm.ee
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        6 months ago

        Yeah, because Donny will surely stand up for Gaza much more than Joe ever did…

        • Flying Squid@lemmy.world
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          6 months ago

          They don’t like it when you point out that Trump moved the U.S. embassy to Jerusalem, tacitly declaring it to belong wholly to Israel. He’s made it very clear what he thinks about Palestine.

        • Delusional@lemmy.world
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          6 months ago

          And you know 100% that if Biden was against Israel and supported Gaza, they’d bitch and complain and say Biden supports terrorists. Bad faith arguments across the board coming from those worthless shitstains.

      • pop@lemmy.ml
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        6 months ago

        Bandwagoning tiny shit like “credit card fees” is not going to change the number of deaths he has funded. But that never was your concern tho, was it?

        It’s about “Biden does good thing for us so we can excuse a genocide he’s causing”?

        Come back when you grow up and you’re done circlejerking on petty little things that your team does.

    • Ensign_Crab@lemmy.world
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      6 months ago

      I’m more willing to give Biden credit when he’s blocked by trump appointed judges than I am when he’s blocked in the senate by members of the party he nominally heads.

      • disguy_ovahea@lemmy.world
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        6 months ago

        The Legislative Branch does not report to the Executive Branch, it checks it. If the Senate reported to the President, they wouldn’t be doing their job. Trump’s presidency was a good example of corruption of governmental checks and balances.

        • Ensign_Crab@lemmy.world
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          6 months ago

          The Legislative Branch does not report to the Executive Branch, it checks it.

          Do they ever. And you may support legislators based solely on how reliably they kill progressive policy for you, but I don’t.

    • BombOmOm@lemmy.world
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      6 months ago

      We don’t yet know if he actually did anything here or not, we will find out when the legal challenges are done. On one hand, it may survive, in which case something was actually accomplished, on the other hand, Biden may have wasted a whole bunch of people’s time and clogged up the courts even more than they already are.

      • forrgott@lemm.ee
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        6 months ago

        That’s a terrible argument. And love how you blame the obstructionism on the one being obstructed from accomplishing their goals.

        So, no, we have already seen the action. He did something. Will the sociopathic fascist a-holes in government overturn the action ALREADY TAKEN is what remains to be seen.

        • Reyali@lemm.ee
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          6 months ago

          First off, I totally agree the argument you responded to is bad and that Biden is driving toward the right goal.

          However, if we disambiguate the specific circumstance here, there is sometimes an argument to be made that the one being obstructed is the problem. Think about how many obviously illegal laws Republicans have pushed through. A recent example would be DeSantis’ “Stop WOKE” act trying to eliminate DEI training in companies. It so clearly goes against federal law about protected classes and was deemed unconstitutional because of the first amendment. I don’t think there’s any chance DeSantis actually believed this act was legal or would be allowed, he just wanted the brownie points of “hurr durr, own the libs.”

          There are so many cases of that kind of thing, and I think it’s absolutely fair to be critical of those whose laws are being obstructed when they initiate them in bad faith.

          However, like I said, that doesn’t apply in this situation; this law was not made in bad faith, and the Texas court is definitely the problem here. I only bring it up because “blaming the obstructionism on the one being obstructed” can sometimes be a legit argument.

      • 0110010001100010@lemmy.world
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        6 months ago

        WTF kind of logic is this? Are you saying he shouldn’t even try and just sit with his thumbs up his ass rather than try to accomplish good things because a court may block it? Should we all just throw our hands up and give up doing anything at all?

    • UnderpantsWeevil@lemmy.world
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      6 months ago

      I want stories like this bombarded at the morons on here saying Biden does nothing

      Biden putting up rules and then failing to enforce them because of a predictable Texas appeallate court issuing a predictable injunction amounts to nothing.

      Biden had the opportunity to pack the courts back in 2021 and… didn’t. He still has the opportunity, right now, while he has a Senate majority.

      This isn’t just a Biden problem. I could name a dozen of Senate Dems who paved the way for a stacked court, going back to the McCain-friendly Democrats caving to Frist’s Nuclear Option back in 2005 (senior senator from Delaware whatsisface notwithstanding).

      But this is a kind of learned liberal helplessness, when a guy like Biden can throw you an empty headline and get “See! He tried to do something! We just need to give him 2009 supermajorities before they’ll work!” Meanwhile, if any Republican wins any branch of any level of government, that’s all they need to eviscerate democracy forever.