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Regulation

  • Law Firm, Fighting CFPB Subpoena, Urges Court to End 'Fishing Expedition'

    By C. Ryan Barber

    A California law firm on July 21 blasted a recent subpoena from the Consumer Financial Protection Bureau as "nothing more than an unwarranted and impermissible fishing expedition," in a brief that also called for eliminating the agency on the grounds that its independent, single-director structure violates the Constitution.

  • Pardon Me? While Trump Has Questions, There Are Few (Solid) Answers

    By ALM Staff

    President Donald Trump is reportedly mulling the scope of his power to pardon everyone around him—and possibly himself—in the Russia investigation that Special Counsel Robert Mueller III leads. (His lawyers said that talk wasn't happening.) All of this means questions remain about pardon power. Here's a snapshot of some of the commentary from around the web.

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Litigation

  • Immigrant Bail Bond Company Sues Buzzfeed for $5M

    By Cogan Schneier

    The company, Libre by Nexus, accused Buzzfeed of defamation in a story published last year.

  • SEC Whistleblowers in Line for Windfall, and FTC Probes Amazon: Roundup

    By C. Ryan Barber

    The Trump administration is touting the number of federal regulations that are on the chopping block. Exxon Mobil Corp.'s suing the U.S. Treasury Department over a $2 million fine for violating Russia sanctions. The Federal Trade Commission's looking at Amazon.com's discounting practices. And financial regulators appear to be pulling back on a plan to restrict Wall Street bonuses. This is a weekly roundup from ALM and around the web.

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