Tag: Dodd-Frank Act

Supreme Court to Consider Whether Agency’s In-House Trials Violate the Constitution

Michigan Star Staff

The Supreme Court will consider next week whether the Securities and Exchange Commission’s (SEC) use of in-house judges violates the right to a jury trial guaranteed in the Seventh Amendment.

Congress empowered the SEC to use its own in-house administrative law judges (ALJs) to try cases brought by agency enforcement when it passed the Dodd-Frank Act following the 2008 financial crisis. George R. Jarkesy, who has been caught in the SEC’s administrative proceedings since the agency charged him with fraud relating to his investment activities in 2013, challenged that grant of power as unconstitutional.

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GOP Senators Claim Biden Appointee Has Turned Consumer Protection Bureau Into a ‘Lawless and Unaccountable’ Agency

Admin

Republican senators claimed in a Monday letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra that he has returned the federal agency to its “lawless and unaccountable” Obama-era “roots.”

Led by Pennsylvania Sen. Pat Toomey, the 12 senators are taking aim at Chopra’s alleged “abuses of power” that are a “serious concern.” Chopra should “reverse course” and ensure the CFPB “stay[s] within the boundaries of law,” the senators wrote.

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Commentary: Stop the Financial Deplatforming of Conservatives

Michigan Star Staff

Conservatives face all kinds of censorship from the private sector. Big Tech will ban your account and employers will fire you just because of your political beliefs. This free market suppression could escalate into conservatives losing their bank accounts and credit cards due to their political views. For some people, it’s already happened.

We could very well see this nightmare scenario under a President Joe Biden. That’s why it’s imperative for the Trump Administration to do something right now to protect ordinary Americans from the depredations of liberal corporations.

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