A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
US District Judge Mark T. Pittman, an appointee of former President Donald Trump, granted a preliminary injunction to several business and banking organizations that allege the new rule violates several federal statutes.
These organizations, led by the right-leaning US Chamber of Commerce, sued the Consumer Financial Protection Bureau after the rule was finalized in March. The rule, which was set to go into effect Tuesday, would save consumers about $10 billion per year by cutting fees from an average of $32, the CFPB estimated.
What super secret strategy? I’ve laid out my very simple belief on the matter, repeatedly, and on a public forum.
If my vote isn’t a big deal, than why are you devoting so much time trying to convince me otherwise?
I never said don’t vote. I’ve said I won’t support the establishment DNC, or Biden, but that I will continue to support progressive/left candidates who would be beholden to voters, and not special interests/machine politics.
Compromise to what end? That is what you’re not understanding. When in the last 30 years has that not lead to us being worse off?
I get it, you’re happy to manage our decline into a full blown neoliberal gilded age 2.0 hellscape, on the off chance that it helps to staves off full blown fascism. I’m not judging you for making that choice, but I do disagree with it.
I don’t see how the unending shifting of the Democratic party to the right, just to remain slightly to the left the GOP, doesn’t end up with the exact situation you’re trying to fend off.
So, as I said, I’m going to use the only voice I have, my vote, to support the only viable path that might prevent the outcome that you claim you’re trying to avoid, but really, are just easing into a bit more gently.