Politics And Current Events

[Troy Loney]

Holding the evidence back, for strategic reasons

[Troy Loney]

Does Glenn have a brain tumor?

[Gaucho]

[dodint]

Rare bit of good news. The incoming administration is nominating FTC commissioner Rohit Chopra to head the Consumer Financial Protection Bureau (CFPB). He is a **** stud; he just gets it. He is the only FTC commissioner that I follow on Twitter.

He first came on my RADAR when I read his dissent in FTC v. Midwest Recovery:

The FTC's go-it-alone debt collection enforcement strategy frequently leads to outcomes where victims receive only a miniscule percentage of their losses - or even nothing at all.
• To best serve the public and stop debt collection abuses, the FTC should work in concert with the Consumer Financial Protection Bureau. Joint actions will help make victims whole through access to the CFPB's Civil Penalty Fund and reduce duplicative efforts.
• As Commissioners, we must stop ignoring Congress and must recalibrate agency priorities and strategies in the financial services arena.

https://www.ftc.gov/public-statements/2 ... ystems-llc

The issue here was the collection agency was able to settle their fine at .2%. This was a company that was parking fake debt to shake families down into settling just to make them go away.
There is a reason he is moving on and up. Dude gets it.

[Gaucho]

[Kaiser]

Rare bit of good news. The incoming administration is nominating FTC commissioner Rohit Chopra to head the Consumer Financial Protection Bureau (CFPB). He is a **** stud; he just gets it. He is the only FTC commissioner that I follow on Twitter.

He first came on my RADAR when I read his dissent in FTC v. Midwest Recovery:

The FTC's go-it-alone debt collection enforcement strategy frequently leads to outcomes where victims receive only a miniscule percentage of their losses - or even nothing at all.
• To best serve the public and stop debt collection abuses, the FTC should work in concert with the Consumer Financial Protection Bureau. Joint actions will help make victims whole through access to the CFPB's Civil Penalty Fund and reduce duplicative efforts.
• As Commissioners, we must stop ignoring Congress and must recalibrate agency priorities and strategies in the financial services arena.

https://www.ftc.gov/public-statements/2 ... ystems-llc

The issue here was the collection agency was able to settle their fine at .2%. This was a company that was parking fake debt to shake families down into settling just to make them go away.
There is a reason he is moving on and up. Dude gets it.

I feel like billy madison reading this

[Troy Loney]

Rare bit of good news. The incoming administration is nominating FTC commissioner Rohit Chopra to head the Consumer Financial Protection Bureau (CFPB). He is a **** stud; he just gets it. He is the only FTC commissioner that I follow on Twitter.

He first came on my RADAR when I read his dissent in FTC v. Midwest Recovery:

The FTC's go-it-alone debt collection enforcement strategy frequently leads to outcomes where victims receive only a miniscule percentage of their losses - or even nothing at all.
• To best serve the public and stop debt collection abuses, the FTC should work in concert with the Consumer Financial Protection Bureau. Joint actions will help make victims whole through access to the CFPB's Civil Penalty Fund and reduce duplicative efforts.
• As Commissioners, we must stop ignoring Congress and must recalibrate agency priorities and strategies in the financial services arena.

https://www.ftc.gov/public-statements/2 ... ystems-llc

The issue here was the collection agency was able to settle their fine at .2%. This was a company that was parking fake debt to shake families down into settling just to make them go away.
There is a reason he is moving on and up. Dude gets it.

Does the CFPB have jurisdiction on these debt collectors? Looks like they were violating at least three laws, FDCPA, FCRA and UDAAP.

[dodint]

They can, but historically have held back. This appointment looks to give it teeth. As Chopra said, the FTC is ineffective alone and needs a united front with the CFPB to really put the screws to these collectors.

[mikey]

The CFPB and FCRA have some entanglement, certainly...but after some strong attacks years ago, they seem to be content trying to nickel and dime their way into technical violations that they can balloon into almost entirely pointless class action claims...

[dodint]

Pointless for whom?

(I don't do class actions.)

[Troy Loney]

https://files.consumerfinance.gov/f/doc ... 092019.pdf

Section 2.4 was likely based on the findings at my former employer.

[dodint]

Hmmm.

[Viva la Ben]

Did the Trump pardon list come out yet?

My predictions:
Ghislaine Maxwell
Joe Exotic
Scott Peterson
Wesley Snipes
Bernie Madoff
Marion ‘suge’ Knight

[Viva la Ben]

[Morkle]

Biden had to fly private to DC, in another series of things that the outgoing president has afforded the incoming.

Trump is a master petty troll.

[MalkinIsMyHomeboy]

I’ll take “dumbest thing I’ve read on Twitter today” for $1000 Alex



I’m an atheist and reading this was...insanity

[Morkle]

President Trump reportedly wants to create a third party once he leaves office.

According to a report Tuesday evening in the Wall Street Journal, citing “people familiar with the matter,” Mr. Trump has discussed creating a “Patriot Party.”

The discussions have happened with “several aides and other people close to him,” the Journal reported.

Trump really wants to burn the GOP to the ground lmao.

[DigitalGypsy66]

Biden had to fly private to DC, in another series of things that the outgoing president has afforded the incoming.

Trump is a master petty troll.

Biden wanted to take Amtrak like he did for years as a Senator. Not sure if that was because of the recent situation, or something further back than that.

[MWB]

I heard on NPR it was security issues that prevented him from taking Amtrak.

[willeyeam]

President Trump reportedly wants to create a third party once he leaves office.

According to a report Tuesday evening in the Wall Street Journal, citing “people familiar with the matter,” Mr. Trump has discussed creating a “Patriot Party.”

The discussions have happened with “several aides and other people close to him,” the Journal reported.

Trump really wants to burn the GOP to the ground lmao.

Please. I'll take a period of the dems winning everything in exchange for a reset of the GOP as a moderate party

[blackjack68]

Did the Trump pardon list come out yet?

My predictions:
Ghislaine Maxwell
Joe Exotic
Scott Peterson
Wesley Snipes
Bernie Madoff
Marion ‘suge’ Knight

Don’t forget Lil Wayne

[Trip McNeely]

President Trump reportedly wants to create a third party once he leaves office.

According to a report Tuesday evening in the Wall Street Journal, citing “people familiar with the matter,” Mr. Trump has discussed creating a “Patriot Party.”

The discussions have happened with “several aides and other people close to him,” the Journal reported.

Trump really wants to burn the GOP to the ground lmao.

Please. I'll take a period of the dems winning everything in exchange for a reset of the GOP as a moderate party

Maybe trump through his douchebaggery will actually do something good by accident and create a moderate 3rd party

[Trip McNeely]

Did the Trump pardon list come out yet?

My predictions:
Ghislaine Maxwell
Joe Exotic
Scott Peterson
Wesley Snipes
Bernie Madoff
Marion ‘suge’ Knight

Don’t forget Lil Wayne

Suge Knight, my god. He’s a **** serial killer essentially

[mikey]

President Trump reportedly wants to create a third party once he leaves office.

According to a report Tuesday evening in the Wall Street Journal, citing “people familiar with the matter,” Mr. Trump has discussed creating a “Patriot Party.”

The discussions have happened with “several aides and other people close to him,” the Journal reported.

Trump really wants to burn the GOP to the ground lmao.

Please. I'll take a period of the dems winning everything in exchange for a reset of the GOP as a moderate party

That'd be nice...

[King Colby]

President Trump reportedly wants to create a third party once he leaves office.

According to a report Tuesday evening in the Wall Street Journal, citing “people familiar with the matter,” Mr. Trump has discussed creating a “Patriot Party.”

The discussions have happened with “several aides and other people close to him,” the Journal reported.

Trump really wants to burn the GOP to the ground lmao.

Please. I'll take a period of the dems winning everything in exchange for a reset of the GOP as a moderate party