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Actually, Wells Doesn’t Particularly Want A Full Airing Of Just How Non-Discriminatory Its Mortgage Lending Practices Are

Above The Law

After all, what’s another novelty-size check for malfeasance neither admitted nor denied to Charlie Scharf & co. at this point? The post Actually, Wells Doesn’t Particularly Want A Full Airing Of Just How Non-Discriminatory Its Mortgage Lending Practices Are appeared first on Above the Law.

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As ESG Pledges Continue to Rise, Who is Keeping Track?

Intelligize Blog

The side deals emerging from COP28 involved initiatives to cut methane emissions, eliminate financing of international fossil fuel projects and halt deforestation. Meanwhile, the SEC’s vigilance in pursing any ESG-related malfeasance appears to be waning.

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Third-party arbitration funding – Comparative analysis and Indian Perspective

LexForti

In contrast to Third-party funding being a stepping stone in providing justice to parties in need, there were also multiple questions raised regarding the breach of confidentiality of the proceedings, dilution of the power exercised by the financed party due to the funder, creation of trouble by encouraging vexatious claims, etc.

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Another separation-of-powers case, press access to trials, and maritime insurance

SCOTUSBlog

This one arises from the financing mechanism used for the Consumer Financial Protection Bureau, established as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act in the wake of the financial crash that precipitated the Great Recession. Community Financial Services Association of America, Ltd.

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US judge rules President Trump firing of Special Counsel unconstitutional

JURIST

The statute mandates, “The Special Counsel may be removed by the President only for inefficiency, neglect of duty, or malfeasance in office.” The judge held that the Dellinger’s removal was not within Trump’s power and violated the removal conditions set out in 5 U.S.C.

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Despite constitutional violation, court rejects broad relief for shareholders of mortgage giants

SCOTUSBlog

Wednesday’s decision did the same for the director of the Federal Housing Finance Agency, and a White House official indicated within an hour of the ruling that President Joe Biden intends to replace Mark Calabria, the Trump appointee currently heading the FHFA, “with an appointee who reflects the administration’s values.”.

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Supreme Court sidesteps Trump’s effort to remove watchdog agency head

SCOTUSBlog

Under the federal law creating the agency, the president can only remove the head of the office, who serves a five-year term, for inefficiency, neglect of duty, or malfeasance in office. Hampton Dellinger was appointed to serve as the head of the Office of Special Counsel in 2024 by then-President Joe Biden.

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