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U.S. Agency Moves to Allow Class-Action Lawsuits Against Financial Firms

Under the Congressional Review Act — a 1996 law that had been rarely used before the current Congress employed it to reverse 14 rules from the Obama administration — lawmakers have 60 legislative days to overturn the rule blocking mandatory arbitrations. The rule could take effect next year.Continue reading the main storyThe Chamber of Commerce and other pro-business groups have belittled the rule as nothing more than a gift to class-action lawyers, who tend to be Democratic donors.But as much as Republicans deplore the consumer protection agency, they may find it difficult to kill a rule that could have wide populist appeal […]

DeVos Halts Obama-Era Plan to Revamp Student Loan Management

NYT

Here is the original: DeVos Halts Obama-Era Plan to Revamp Student Loan Management

The Accusations Against Navient

NYT

More here: The Accusations Against Navient

Rent-to-Own Homes: A Win-Win for Landlords, a Risk for Struggling Tenants

NYT

Read more from the original source: Rent-to-Own Homes: A Win-Win for Landlords, a Risk for Struggling Tenants

Once Skeptical of Executive Power, Obama Has Come to Embrace It

NYT

Read more from the original source: Once Skeptical of Executive Power, Obama Has Come to Embrace It

A Tool Kit for the World’s Mentally Ill

A Tool Kit for the World’s Mentally Ill […]

Barclays Scandal: A Case for Consumer Protection

Barclays Scandal: A Case for Consumer Protection […]