SCOTUS

Kavanaugh’s skepticism of regulatory power seen as boon for banks

07/11/18

The Supreme Court nominee’s views on CFPB and the Chevron doctrine are considered favorable for the industry, but some say weakening agency deference is a double-edged sword.

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Supreme Court shuffle: 5 possible reverberations for banks

07/09/18

A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.

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Who won, who lost in Supreme Court’s credit card ruling

06/25/18

American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected.

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American Express wins as high court tosses credit-card suit

06/25/18

The U.S. Supreme Court threw out a government lawsuit that accused American Express Co. of thwarting competition by prohibiting merchants from steering customers to cards with lower fees.

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Just what banks need — another hot-button issue

05/15/18

U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.

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CFPB’s constitutionality question doesn’t end with Cordray’s departure

11/22/17

The outcome of a case testing the president's power to fire a CFPB director will come too late to impact Richard Cordray, but may affect President Trump's interim and final picks to lead the agency.

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Amex will need to convince justices that its rules help consumers

10/16/17

In a surprise move, the Supreme Court will decide whether Amex may bar merchants from steering customers to less expensive card networks. The card issuer will have to prove the consumer gain from its practices outweighs the merchant pain.

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Two court decisions, one big blow for cities’ lawsuits against megabanks

06/14/17

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

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Supreme Court sides with banks in debt servicing case

06/12/17

Banks and other firms collecting defaulted debt originated by another company are not subject to the kinds of restrictions placed on third-party debt collectors, the Supreme Court ruled Monday in a unanimous decision.

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Hope for banks as Justice Department punts on swipe fee case

06/07/17

The Trump administration is stepping away from the government’s 7-year legal fight with Amex that centers on retailers’ right to encourage the use of particular cards. The decision is good news for issuers of credit and debit cards, though it is hardly the last word on the case.

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