by Matthew Russell Lee, Patreon Book Substack
SOUTH BRONX NY, Aug 26 – The long delayed small business data reporting provision of the Dodd Frank Act was on August 26, 2024 upheld by Chief Judge Randy Crane of the U.S. District Court for the Southern District of Texas, McAllen Division, who ruled that CFPB
"is entitled to judgment as a matter of law on each of Plaintiffs’ APA claims. In reaching this conclusion, the Court expresses no opinion on the wisdom of the Final Rule. It may well be that the Final Rule proves ill-advised as a policy matter, but that possibility does not itself make the Final Rule unlawful under the APA."
Inner City Press will stay on this - and on Bank of America and its kin.
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