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.
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.
It doesn’t matter to them. They think all they have to say is “Genocide Joe” and they’ve made their argument.
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
Yeah, because Donny will surely stand up for Gaza much more than Joe ever did…
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.
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.
Or that Trump repealed the 50-year-old sanctions preventing Israel from developing on Palestinian territory, which Biden quickly reinstated.
It made Netanyahu so happy, he named a town after Trump in the occupied Golan Heights.
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.
Okay, so who should I vote for?
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.
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?
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.
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.
Lmfao. So biden bad. Got it.
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.
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.
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.
Progressivism is not a contest. Party division weakens us. Just look at how it’s affected the Republican Party.
Stop ordering progressives to be happy with centrism.
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.
Good ol’ Christian Right wanting a Christian Nation while defending banks and ignoring their Jesus who destroyed the money lenders’ tables.
The one time Jesus got angry. Go figure…
Edit: on record. I guess he could’ve had some pretty terrible 2s, or something, that we don’t know about.
Ah yes. Late fees. Something that clearly contributes to our society.
Yeah, better than nothing, but wouldn’t have been enough.
Another example why it never pays off to go after moderate solutions. Republicans will fight everything equally as hard, so why not actually try for a lot?
At least then when things actually make it, they cause a difference
The next president needs to pack the Federal court benches. I am getting so tired of right wingnuts upending democracy with these BS rulings.
This kind of stuff is absolutely the number one failure of Democrats. They want to play fair and by the rules, so when there’s opposition to their appointments they just lie down and accept it until the Republicans get exactly who they want. Meanwhile the Republicans will lie, cheat, and slander their way to anything they want, including getting ultra-conservatives in on positions that aren’t supposed to be political.
Biden’s been way better in this regard which is part of what makes him way better than previous Democrat presidents. But I still don’t have high hopes for “the party of compromise” in getting progressives in these kinds of positions. In particular, we all remember what happened at the end of Obama’s presidency with supreme court judges and Roe v Wade.
Democrats use “fair and by the rules” as an excuse for failing at playing politics. It was clear what was going to happen. Nobody did anything except the Republicans who capitalized everything everywhere for a decade. Democrats and liberals are still unaware what happened
You guys are missing an essential point — conservatives control the narrative.
- From Fox News blowing MSNBC and CNN out of the water in ratings
- Right-wing talk radio pioneered by Rush Limbaugh
- Indoctrination Centers (churches) across America…
Conservatives LONG won the information war.
What does this mean? Republicans can do no wrong while Democrats are held to an infinitely higher standard and anything they do is hammered home to the ignorant, uneducated average American FAR greater than what Democrats can do to the right.
Things have marginally improved in the last 10 years as the recognition of Botherism has expanded, but let’s not forget: (1) Republicans still have the majority of the money, (2) Republicans won huge with Citizens United and SpeechNow decisions, and (3) they’re assholes and assholes will beat you with experience.
Catering to a broader coalition on the left that is also far less confrontational by the nature of being more empathetic is also something that we as a group must come to terms with. Our rallying points have never been blind loyalty and fear-mongering like the Right uses with the literally biochemically-altered conservative brain (studies on MRI testing prove this). We gather strength through vision, hope, solidarity, love — hence why Obama’s Hope & Change message in 2008 was pure genius.
Though I will say I do agree there is a certain type of character we can seek to promote on the left, like AOC, like Bernie, like Warren, and like even Swalwell. Someone not afraid to push the bully back. Hopefully we learned a big lesson from Obama’s era of capitulation and seeing his hand get smacked down over and over as he tried to reach across the aisle.
Gotta love how it’s always one asshole judge in Texas that can stop legislation for the whole country.
Infuriating thing was, this judge was clearly shopped for, but he kicked the case to the DC district Court instead of Texas. He himself even accused the banks of venue shopping in the ruling when he did so! Unfortunately the DC district court sent it right back and said he still had to take the case. He should have recused himself at that pont anyways given his stock holdings and things, but he now decides to reward the the banks for their venue shopping he’s clearly aware of. Judiciary is rotten.
https://www.yahoo.com/news/texas-judge-moves-fee-case-232103686.html
He just put an injunction in place which is common. It just means the case has to be decided first.
If he’s accusing them of venue shopping. I suspect he’s going to rule against them.
The legal standard for an injunction also includes a “likelihood of success on the merits.” The judge agrees with the banks in his ruling that they are likely to succeed on the case. So unfortunately the injunction is a signal there is a good chance he rules in the banks favor ultimately. Though he spends a bunch of the ruling just talking about how he’s mad this case was kicked back to him. He only spends like a page talking about if the legal standard for injunction has been met or not.
Not just likelihood of success, but also whether any irreparable harm could occur while the case is being decided, in the event the case favors the plaintiffs. In this case, if card companies are only allowed to collect $8 while the case is ongoing, and then a judge ruling they are allowed to collect more than that, means there’s a monetary loss that will have happened. Now I wouldn’t be crying if credit card companies are forced to stop ripping people off, and absolutely fuck the Chamber of Commerce, but that’s what it is.
Yes I agree, but it doesn’t just have to meet some of those criteria to get an injunction, it has to meet all those criteria, including likelihood of success. They can’t just argue irreparable harm only if the judge thinks they’re unlikely to succeed. The judge seems to agree with them in that section of the ruling that he thinks that the rule is likely unconstitutional. And conservative judges have been pretty hostile to the consumer financial protection bureau in general. I’m not holding my breath, at least not for this judge, but maybe ultimately on appeal the cfpb will still succeed in the end.
It’s a single judge in Texas + an enabling appeallate system
