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16 Nov 2023, 4:00 am
The misconception--which is also held by and certainly encouraged by many politicians--is that national fiscal policy can and should be modeled on household finance. [read post]
9 Nov 2023, 9:05 pm
The new law creates the Division of Cannabis Control, a marijuana oversight mechanism within the Ohio Department of Commerce. [read post]
8 Nov 2023, 8:04 am
The CPSs themselves are also highly heterogeneous, with a single category encompassing a motley list of products, from e-commerce to online maps and app stores. [read post]
2 Nov 2023, 9:05 pm
Importantly, the Commerce Department has also been given 90 days to use the Defense Production Act to require companies developing certain AI models with national security implications to provide ongoing reports to the federal government that address the physical and cybersecurity protections taken to assure the model’s integrity against sophisticated threats. [read post]
27 Oct 2023, 6:00 am
“This is about addressing a problem in e-commerce that’s existed since the early days. [read post]
20 Oct 2023, 6:00 am
Instead, it requires the nation’s largest banks to enable at least two unaffiliated networks on each credit card—Visa or Mastercard plus a competitor like NYCE, Star, or Shazam. [read post]
20 Oct 2023, 4:17 am
Ukrainian troops have crossed onto the Russian-occupied eastern bank of the Dnipro River, the Ukrainian military appeared to confirm. [read post]
17 Oct 2023, 9:23 am
[Serial-blogging my recent article in the Journal of Free Speech Law] Previously, I blogged the abstract, introduction, and Part I of my new article, Taxing Nudity: Discriminatory Taxes, Secondary Effects, and Tiers of Scrutiny, which has just been published in the Journal of Free Speech Law. [read post]
11 Oct 2023, 11:17 am
Preemption of consumer protection laws The National Bank Act – as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 – provides that “State consumer financial laws are preempted” as applied to national banks “only if” the law, among other things, “prevents or significantly interferes with the exercise by the national bank of its powers,” “in accordance with… [read post]
9 Oct 2023, 6:00 am
Philadelphia National Bank and others. [read post]
6 Oct 2023, 9:00 am
Roger Marshall, a Republican who threatened to withhold his support for the National Defense Authorization Act if the CCCA didn’t get a vote. . . . [read post]
5 Oct 2023, 9:06 pm
This ability was developed by Doug Farquhar when he was working for the National Conference of State Legislatures (NCSL). [read post]
28 Sep 2023, 9:02 pm
Department of Treasury, summarized recent research on regulatory uncertainty about future banking and finance regulations. [read post]
28 Sep 2023, 9:22 am
” The CFPB notes that there is also a long history of Congress funding federal institutions through fees or assessments, rather than the traditional appropriations process, beginning in the 18th century with the First Bank of the United States, the post office, and the U.S. [read post]
19 Sep 2023, 11:59 am
Chamber of Commerce (Chamber), Synchrony Bank (Synchrony), and National Consumer Law Center (NCLC) submitted comment letters in response to the Consumer Financial Protection Bureau’s request for information, about medical credit cards and other lending products used to pay for health care expenses.... [read post]
17 Sep 2023, 6:17 pm
” Similarly, in People’s National Bank of Commerce v. [read post]
15 Sep 2023, 6:38 am
Credit Card Disputes Keep Rising at Visa as E-Commerce BoomsBloomberg – September 11, 2023 (subscription required) Credit card disputes at Visa Inc. continued rising past their pandemic boom despite the proliferation of prevention software, as fraud grows alongside e-commerce and inflation. [read post]
15 Sep 2023, 6:00 am
My recollection is that it was 12 signatories of nations’ antitrust agencies joined onto the creation of the International Competition Network. [read post]
4 Sep 2023, 5:44 am
The three banks that failed were not the only banks subject to one or more of these problems. [read post]
1 Sep 2023, 2:20 am
Palestine wants Israel to return control over small areas of the West Bank and tear down some illegal Israeli communities there. [read post]
