New Orleans Well, now we’re talking! The Consumer Finance Protection Bureau (CFPB), what a name, is stepping up big time with new rules to rein in predatory practices of payday lenders. Just because they have storefronts dotting ubiquitously in lower income neighborhoods does not mean they are small fry. This is over a $46 billion …
Category: Financial Justice
Pre-Emption of City Home Rule Rights is a Problem of Power
New Orleans Alabama, Arizona, and North Carolina have all passed pre-emption bills in 2016 in order to ban cities in their states with “home rule” rights from increasing wages or sick leave provisions within their boundaries. According to the Wall Street Journal another half-dozen states, controlled lock, stock, and barrel by Republican legislators, have pending …
Will Winking and Nodding Work on the New Overtime Rule?
New Orleans The fallout and positioning over the doubling of the salary requirement for exemption from overtime to more than $47,000 continues unabated, and you can just feel the strain starting to burst the seams of the new rule. The complaints are just not coming from the usual crowd of corporate exploiters but also from …