806
submitted 2 years ago by MicroWave@lemmy.world to c/news@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] circuscritic@lemmy.ca -1 points 2 years ago* (last edited 2 years ago)

Vote for whoever you want.

My responses were directed at people commenting, unprompted, about how anyone who doesn't support Biden, or buy into his campaign messaging, are either closeted Trump supporters, tankies, or (my personal favorite) foreign socket puppet accounts i.e. Russian bots.

Because obviously they can't be lifelong Democrats who are fed up with current Democratic establishment and see the threat they pose if left unchanged - precisely because we NEED an actual strong leftwing workers party to stand against the GOP.

So, again, you do whatever your conscience tells you.

If your comfortable with a Democratic party that is already fully run by neoliberals, crushes leftists, and only moves further to the right each election, then keep supporting them. That's on you.

Myself, I am going to see which option the Democrats are MOST concerned with i.e. uncommitted vs blank vs a specific 3rd party candidate.

I will also continue to support most of my local and statewide progressive candidates, because I do care, and I'm not whatever fantasy the Biden supporters have concocted so they can dismiss people like me without giving these idea any real thought.

this post was submitted on 18 May 2024
806 points (99.0% liked)

News

36453 readers
679 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS