In a recent decision, the US Supreme Court upheld the Federal Communications Commission’s authority to issue forfeiture penalties but required the option for a jury trial to enforce their collection, which now elevates the US Department of Justice’s role in such enforcement actions.
The change came almost exactly one year after President Trump declared it federal policy to eliminate the doctrine where possible.
The DC-based lawyer explains what the end of the doctrine, established in 1984, means.
The Federal Reserve is considering a rule change that would update the inputs used to calculate large bank systemic scores.
The US Supreme Court has stripped power from US agencies and overturned decades-old precedent.
The justices rejected an argument that imperiled the CFPB, with a decision that protects people from unlawful financial services practices.
US Supreme Court justices heard the payday lending industry’s challenge to the CFPB’s funding structure in a case that has broad ramifications.
The Supreme Court’s decision on college-based affirmative action programs in June poses a challenge to US companies’ DE&I efforts, experts say.
