Tag Archives: Consumer Financial Protection Bureau

With Alito’s Billionaire Patron Holding $90 Million in Finance Firms, Watchdog Demands Recusal From CFPB Case

“Should Justice Alito preside over this case despite his clear conflicts of interest, it would add to the worsening Supreme Court corruption crisis and underscore the urgent need for ethics reform,” said one critic.

By Julia Conley. Published 9-18-2023 by Common Dreams

Samuel-Alito. Screenshot: Conversations with Bill Kristol

Anti-corruption watchdog Accountable.US on Monday said there is a clear need for U.S. Supreme Court Justice Samuel Alito to recuse himself from an upcoming court case regarding the Consumer Financial Protection Bureau, as a new analysis revealed the extent of one of his key associate’s financial interests in the case.

The group released new data showing that hedge fund manager Paul Singer holds at least $90 million in financial firms overseen by the CFPB, which was established in 2011 through the Dodd-Frank Wall Street Reform and Consumer Protection Act and has since provided $16 billion in financial relief to defrauded consumers and ordered companies to pay $3.7 billion in penalties.

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Biden Admin Urged to ‘Prevent a Historic Wave of Evictions’ by Extending CDC Moratorium, Speeding Up Aid

“Far too many renters are struggling to access emergency rental assistance programs and are at risk of losing their homes when the moratorium expires,” said the president of the National Low Income Housing Coalition.

By Kenny Stancil, staff writer for Common Dreams. Published 6-15-2021

Photo: AFSC

The National Low Income Housing Coalition is calling on the Biden administration to “prevent a historic wave of evictions this summer by extending, strengthening, and enforcing the federal eviction moratorium and by implementing a whole-of-government approach to distribute emergency rental assistance more efficiently and effectively to those most in need.”

The national moratorium on residential evictions for nonpayment of rent—a life-saving measure issued last September by the Centers for Disease Control and Prevention (CDC) to curb the spread of Covid-19—is set to expire on June 30. CDC Director Rochelle Walensky said that discussions are ongoing as to whether the agency will prolong its partial ban on evictions. Continue reading

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