Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination
Written by Black Hot Fire Network on September 12, 2023
A federal judge in Texas ruled that the Consumer Financial Protection Bureau is overstepping its bounds in its attempts to check whether banks and other financial firms are discriminating against Black Americans and other minorities.
The case was brought last year by big trade organizations, including the U.S. Chamber of Commerce and the American Bankers Association. On Friday, the judge, J. Campbell Barker, wrote in his ruling . . .
