In “Wet Kiss” for Wall Street, Congress Overturns Rules Allowing People to Sue Banks for Misconduct

Posted by Planet Waves

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After nine months of struggling to deliver on their legislative priorities, Senate Republicans found unity Tuesday when they overturned a rule that makes it easier for Americans to sue banks and credit card companies. The rule would have allowed people to file class action lawsuits.

Links to today’s show transcripts:

In “Wet Kiss” for Wall Street, Congress Overturns Rules Allowing People to Sue Banks for Misconduct
After nine months of struggling to deliver on their legislative priorities, Senate Republicans found unity Tuesday when they overturned a rule that makes it easier for Americans to sue banks and credit card companies. The rule was developed by the Consumer Financial Protection Bureau and would have allowed people to file class action lawsuits that could have cost the banks billions of dollars. Public Citizen’s Amanda Werner offered comment. She recently dressed as Rich Uncle Pennybags, with a top hat and monocle, and sat directly behind former Equifax CEO Richard Smith when he testified about a security breach that left sensitive personal information for 143 million Americans exposed to hackers.

FCC Enables Faster Media Consolidation as Pro-Trump Sinclair Group Seizes Even More Local Stations
A major decision by the Federal Communications Commission Tuesday eliminated a decades-old rule that ensures community residents can have a say in their local broadcast TV station. This comes as the FCC announced plans Wednesday to abolish long-standing media ownership rules. Opponents say these changes will accelerate media consolidation, allowing massive corporate media companies, such as the right-wing Sinclair Broadcast Group, to buy up and control even more local stations.

Undocumented Teen Wins Abortion Fight, But Thousands in Shelters Still Live Under Anti-Choice Policy
An undocumented teenager at the center of a lawsuit with the Trump administration over her right to have an abortion has finally obtained the procedure she wanted. The 17-year-old is detained in a refugee resettlement shelter and had the abortion on Wednesday, after a U.S. appeals court ruled in her favor. The teen is referred to in court documents as Jane Doe. The Trump administration spent a month trying to stop her from accessing an abortion.


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