| Texas
Federal Judge OKs Small
Business Data Collection by
CFPB as BofA Cheated HMDA
by
Matthew Russell Lee, Patreon Book
Substack
SOUTH
BRONX NY,
Aug 26 –
The long delayed small
business data reporting
provision of the Dodd Frank
Act was on August 26, 2024
upheld by Chief Judge Randy
Crane of the U.S. District
Court for the Southern
District of Texas, McAllen
Division, who ruled that CFPB
"is entitled to
judgment as a matter of law on
each of Plaintiffs’ APA
claims. In reaching this
conclusion, the Court
expresses no opinion on the
wisdom of the Final Rule. It
may well be that the Final
Rule proves ill-advised as a
policy matter, but that
possibility does not itself
make the Final Rule unlawful
under the APA."
Inner City
Press will stay on this - and
on Bank of America and its
kin.
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2023 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
