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In 1997, Walter Johnson stood before Judge Frederic Block in a Brooklyn federal courtroom after being convicted of robbery, cocaine possession and witness tampering, just the latest in a troubling series of crimes that involved guns, drugs and violence. Judge Block called Mr. Johnson, a street legend known as King Tut, “a classic example of a person who has to be incapacitated so society is protected against you.” Then he hit Mr. Johnson with five life sentences. On Thursday, Judge Block called the punishment he imposed 27 years ago too harsh, the product of ill-considered laws and his own inexperience. He freed Mr. Johnson, who hours later walked out of prison and back into society. “Judges gain insights that with the passage of time only can come with experience on the bench and their judicial maturation,” Judge Block wrote in his decision granting Mr. Johnson’s petition for release.
Persons: Walter Johnson, Frederic Block, Judge Block, Johnson, King Tut, Mr, Block, Johnson’s, Locations: Brooklyn
A federal judge on Wednesday temporarily blocked Alabama’s voter removal program that flagged thousands of registered voters and accused them of illegally registering in the state. The Justice Department sued the state of Alabama challenging the program aimed at removing voters from its election rolls, arguing it was too close to the Nov. 5 election. Allen announced a process for purging 3,251 registered Alabama voters in August, 84 days before Election Day. The case is among several instances of voter purges in Republican-led states ahead of this fall’s presidential election. The Justice Department lawsuit said it has already been determined that legal voters were mistakenly purged from the voter rolls.
Persons: Wes Allen, Allen, Anna Manasco, Donald Trump, ” Manasco, , Glenn Youngkin, Youngkin Organizations: The Justice Department, Republican, Alabama, Justice Department, Gov, Department of Motor Vehicles, Justice Locations: Alabama, , States, Virginia
Three Senate Democratic candidates — Ohio Sen. Sherrod Brown, Maryland’s Angela Alsobrooks and Michigan Rep. Elissa Slotkin — raised more than four times as much as their Republican opponents during that period. In 2016, Trump lost the core Democratic states by 22 points, and in 2020, he lost them by 24 points. In this most recent poll, Trump was losing the core Democratic states by only 13 points. In 2016, Trump won the core GOP states by 18 points, and in 2020, his margin in the red states was 16 points. Read more → Follow live coverage from the campaign trail →That’s all from the Politics Desk for now.
Persons: Ben Kamisar, Bridget Bowman, Chuck Todd, Ben Kamisar Republican megadonors, Donald Trump, Kamala Harris, Miriam Adelson, Sheldon Adelson, Elon Musk, Marc Andreesen, Ben Horowitz, Ike Perlmutter, Richard Uihlein, Adelson, Harris, Musk, Trump, Horowitz, Perlmutter, Lara, Uihlein, Read, Ben →, lissa, ince, arris, huck, rena, huck →, hal, bate, Ted C Organizations: NBC, White House, Capitol, Electoral, Trump, Ben Kamisar Republican, Dallas Mavericks, Tesla, Marvel, Preserve, America, America PAC, Restoration PAC, Wisconsin Senate, Congressional, Trump MAGA Inc Locations: Preserve America, Maine, ried, ote
The Biden administration threatens to restrict military assistance to Israel over conditions in Gaza. The arrest of a deaf Black man with cerebral palsy in Arizona draws national attention. Harris also tried to belittle Trump, which could be an attempt to chip away at his appeal among male voters. She has ramped up efforts this week to appeal to Black male voters in particular. ➡️ “While Biden isn’t on the ballot anymore, voters are certainly feeling his presence,” NBC News chief political analyst Chuck Todd writes.
Persons: Biden, Omar Al, Yaov Gallant, Ron Dermer, Antony Blinken, Lloyd Austin, Israel, ” Harris, Trump, , Kamala Harris, Donald Trump, Vladimir Putin, Charlamagne Tha, Harris, , Putin, Bob Woodward, belittle Trump, Read, ➡️ Trump, Michelle Obama, Hakeem Jeffries, Republican Sen, Ted Cruz, Colin Allred, ➡️ “, Chuck Todd, ➡️ Harris, Tyron McAlpin, McAlpin, Rachel Mitchell, , Menendez, Hurricane, Adriana Lima, Tyra Banks, Kate Moss, Khaled Desouki, Ramesses the, — Nick Duffy, Elizabeth Robinson Organizations: Biden, Getty, Israeli Defense, Strategic, U.S . State Department, Department, Americans, Trump, Fox, ➡️, Democratic, Republican, U.S, NBC, Phoenix, Phoenix Police Department, Kroger Locations: Israel, Gaza, Arizona, AFP, U.S, Iran, Lebanon, Georgia, , Texas, Oklahoma, Maricopa County, Los Angeles, Asheville, Nashville, Egypt
A Georgia judge on Tuesday blocked a new rule from the state's election board that would have required counties to count ballots cast on Election Day by hand, a provision critics had said would cause delays and disruptions in reporting results in the battleground state. He has repeatedly praised the three board members who passed the measure, saying they’re “pit bulls fighting for honesty, transparency and victory.”The three members are Janice Johnston, Rick Jeffares and Janelle King. Brian Kemp and the state Democratic Party. In August, the same Georgia board members passed other new rules that would allow county election board members to conduct “reasonable” inquiries before they certify results. Tuesday's temporary injunction also came after McBurney handed Trump allies another defeat, ruling that county election boards in Georgia are not allowed to refuse to certify election results.
Persons: Robert McBurney, , who’ve, Donald Trump, Kamala Harris ’, they’re, , Janice Johnston, Rick Jeffares, Janelle King, Johnson, Jeffares, King, Brian Kemp, McBurney Organizations: Democrats, Democratic National Committee, Democratic Party of Georgia, Republican Party, Republican, GOP, Georgia GOP Gov, Democratic Party, Democratic, Trump Locations: Georgia, Fulton County
Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. The previous Trump administration didn't pursue those types of consumer protections. In contrast, Democrats, including Harris, have historically supported EVs and incentives such as those under the Biden administration's signature Inflation Reduction Act. Meanwhile, Harris, if elected, can build on existing efforts of the Biden administration to deliver savings to more patients, they said. Trump also led multiple efforts to repeal the Affordable Care Act, including its expansion of Medicaid to low-income adults.
Persons: Donald Trump, Kamala Harris, he's, Harris, Joe Biden's, Trump, Pete Buttigieg, Jonathan Kletzel, didn't, — Leslie Josephs Banks Big, JPMorgan Chase, Biden, Tobin Marcus, it's, Sen, JD Vance, they're, Lindsey Johnson, Hugh Son, Pablo Di Si, EVs, Joseph Spak, Harris hasn't, Mike Wayland, Drugmakers, Trump hasn't, Mariana Socal, Annika Kim Constantino, David Zaslav, John Malone, Time Warner, Simon, Simon & Schuster, Marc DeBevoise, Jonathan Miller, Elon Musk's, Musk, I'm, MAGA, I'm Dark MAGA, , TikTok, — Lillian Rizzo, Alex Sherman, Michael Lynn, — Amelia Lucas Organizations: ABC, Getty, U.S, Trump, Treasury, Justice Department, Federal Trade Commission, Consumer Financial, Bureau, CNBC, The Biden Department of Transportation, Democratic, American Airlines, JetBlue Airways, Spirit Airlines, Industry, Boeing, JPMorgan, Securities and Exchange Commission, Currency, Federal Deposit Insurance Corporation, Biden, Wolfe Research, Bank, Republican, Bankers, Democratic Party, Consumer Bankers Association, Republicans, Volkswagen Group of America, Automotive News, Environmental Protection Agency, UBS, Mike Wayland Health, Commonwealth Fund, Medicare, Johns Hopkins Bloomberg School of Public Health, Annika Kim Constantino Media, Paramount Global, Skydance, Warner Bros, Discovery, Allen & Co, Sun, Media, Disney, Fox Corp, Time, Simon &, Random, MGM, FCC, Integrated Media, Twitter, Capitol, White, Lawmakers, Meta's Facebook, Alex Sherman Restaurants, National Restaurant Association, National Labor Relations Board, Social Security, Washington Post, Cornell University Locations: United States, PwC, JetBlue's, U.S, China, Ohio, Michigan, California
Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.
Persons: Biden, , It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri
The Biden administration's sweeping student loan forgiveness plan was temporarily blocked again Thursday by a Missouri judge, just one day after a federal judge in Georgia said he would let a restraining order against the relief expire. St-Louis-based U.S. District Judge Matthew Schelp, an appointee of Republican former President Donald Trump, issued the latest preliminary injunction against Biden's relief plan. The latest order capped 24 hours during which federal student loan holders were subjected to judicial whiplash, as a lawsuit challenging Biden's aid package, brought by seven GOP-led states, bounced from Georgia to Missouri courts. The states bringing the suit — Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio — allege that the U.S. Department of Education's new debt cancellation effort is illegal. Hall directed the case to be transferred to Missouri, because the states claim that Biden's plan would most harm student loan servicer Mohela, or the Missouri Higher Education Loan Authority.
Persons: Joe Biden, Biden, Matthew Schelp, Donald Trump, Schelp, Randal Hall, Hall, servicer Mohela, servicers Organizations: White, St, District, Republican, U.S . Department of Education, GOP, U.S . Department of, Missouri Higher Education Loan Authority, CNBC, The Education Department, U.S ., of Appeals Locations: Washington ,, Missouri, Georgia, Louis, Alabama, Arkansas, Florida, Georgia , Missouri, North Dakota, Ohio
Alaska Airlines completes acquisition of Hawaiian
  + stars: | 2024-09-18 | by ( ) edition.cnn.com   time to read: +2 min
Alaska Airlines said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation. The airlines on Tuesday agreed to maintain key Hawaiian routes and adopt consumer protections under an agreement that will last six years. The Justice Department in August chose not to block the deal that was announced in December by Alaska, the fifth-largest domestic U.S. airline, to merge with Hawaiian, the 10th-largest carrier. Alaska CEO Ben Minicucci said in an interview that the deal would be good for competition and consumers and would expand access for consumers to both networks and give Alaska access to Hawaiian’s fleet of wide-body airplanes. Hawaiian Airlines’ stock will be de-listed and will cease trading on the Nasdaq on Wednesday, Alaska said in a statement.
Persons: Ben Minicucci, It’s, ” Minicucci, , Joe Biden Organizations: Alaska Airlines, Hawaiian Airlines, U.S . Department of Transportation, Justice Department, U.S, Department, JetBlue Airways, Spirit Airlines, American, JetBlue, Alliance, The Transportation Department, Nasdaq, New York Stock Exchange Locations: Alaska, U.S, New York City, Boston, United States, Honolulu
Burt Jones’ role as a fake elector after the 2020 election announced he will not move forward with criminal charges against the former state senator. “The evidence also indicates Senator Jones did not act with criminal intent, which is an essential element of committing any crime.”A Georgia judge blocked Willis from investigating Jones in July 2022. Jones was then a Republican state senator, and Willis was reprimanded by the judge for hosting a fundraiser for the Democratic candidate who was running against Jones to be Georgia’s next lieutenant governor. In his four-page written statement on Friday, Skandalakis said that Jones “fully cooperated” with the lengthy investigation over the course of four interviews. Gov Burt Jones told CNN in a written statement.
Persons: Burt Jones, Jones, Fani Willis, Donald Trump, , Pete Skandalakis, ” Skandalakis, , Willis, Skandalakis, Brian Kemp, Jones “, Gov Burt Jones, ” Willis ’ Organizations: Atlanta CNN, Gov, Republican, Trump, Electoral College, Democratic, CNN Locations: Georgia, Georgia’s, Fulton County
Where are low-cost airlines cutting back now? New planes
  + stars: | 2024-08-30 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +5 min
In this article SAVEULCCJBLU Follow your favorite stocks CREATE FREE ACCOUNTJetBlue Airways, Spirit Airlines and United Airlines airplanes proceed to gates after landing at Newark Liberty International Airport in Newark, New Jersey on May 30, 2024. Airlines flooded the U.S. with flights this year, driving down fares particularly in the domestic market, where low-cost carriers concentrate, and weighing on carriers' revenue while costs have gone up. Spirit Airlines , JetBlue Airways and Frontier Airlines last posted annual profits in 2019, while larger carriers have returned to profitability. Now, some of those same airlines are dialing back their growth plans and deferring deliveries of new aircraft. Some airlines, like Frontier, have been active in sale-leasebacks, in which they sell planes to generate cash and lease them back.
Persons: Gary Hershorn, Cash, Barry Biffle, Biffle, Joanna Geraghty, , AerCap, Gus Kelly, Eddy Pieniazek, Pieniazek, Alwyn Scott Organizations: JetBlue Airways, Spirit Airlines, United Airlines, Newark Liberty International Airport, Corbis, Getty Images Airlines, Frontier Airlines, roundtrip U.S, Airbus, New York, Pratt & Whitney, JetBlue, Airlines, Aircraft, Boeing, Max, Air Lease Locations: Newark , New Jersey, U.S, Mobile , Alabama
A county judge in Ohio temporarily blocked several state laws on Friday that combined to create a 24-hour waiting period for obtaining an abortion in the state, in the first court decision on the merits of a 2023 constitutional amendment that guarantees access to the procedure. The Dobbs decision that replaced Roe sent the decision-making power back to the states, Young wrote. Yost’s office said 24-hour waiting periods and informed consent laws were consistently upheld under Roe, which was the law of the the land protecting legal abortions for nearly 50 years. “We have heard the voices of the people and recognize that reproductive rights are now protected in our Constitution,” Yost spokesperson Bethany McCorkle said in a statement. These are essential safety features designed to ensure that women receive proper care and make voluntary decisions.”
Persons: Dave Yost, David C, Young, , Jessie Hill, ” Hill, Roe, Wade, Dobbs, , ” Yost, Bethany McCorkle Organizations: Republican, Ohio, U.S, Supreme Locations: Ohio, Franklin, Cleveland
A federal court in Louisiana has dealt a serious blow to the Biden administration’s effort to protect communities heavily affected by toxic industrial pollution. Title VI of the 1964 Civil Rights Act allows the E.P.A. to investigate whether state programs that receive federal money are discriminating on the basis of race, color or national origin. But the judge’s ruling effectively means that the federal government is limited to taking action against specific agency decisions that are intentionally discriminatory. That means the state cannot be held liable for actions like allowing several chemical plants, refineries and other industrial operations in minority communities.
Persons: Biden Organizations: U.S, Western, Western District of, Environmental Protection Agency Locations: Louisiana, Western District, Western District of Louisiana
Still, the Trump campaign has long worried that Kennedy’s campaign, built on conspiracies and anti-vaccine rhetoric, pulled directly from their side, especially in a handful of key states. Women were more likely to support Kennedy than men, according to a recent Pew Research Center survey, though other polls haven’t shown a meaningful difference. Supporters take a selfie together during a rally for independent presidential candidate Robert F. Kennedy Jr. on May 13, 2024 in Austin, Texas. Independent presidential candidate Robert F. Kennedy Jr. speaks to the media at a Cesar Chavez Day event at Union Station in Los Angeles, California on March 30, 2024. As Kennedy’s campaign picked up support, Trump labeled the former Democrat a member of the “radical left” and attacked his environmental activism.
Persons: Robert F, Kennedy Jr, Kennedy, , , Trump, Donald Trump, Kamala Harris, It’s, Vermont Sen, Bernie Sanders ’, Donald Trump Jr, ” Trump, Ramsey Reid, , ” Reid, Harris, who’s, ” Harris, Michael Tyler, Biden, Scott Eisen, Trump Kennedy, Joe Biden, John F, Kennedy –, Chris LaCivita, LaCivita, Timothy Mellon, Sergio Flores, Don Jr, Roger Stone, Privately, Kennedy’s, Bobby Kennedy III, Nicole Shanahan, Tucker Carlson –, Omeed Malik, ” Kennedy, Cesar Chavez, Mario Tama, Shanahan, ” Shanahan, Kristen Holmes, Kate Sullivan, Ethan Cohen Organizations: CNN, Democratic, CBS, Republican, Pew Research Center, Fox News, Democratic National Committee, RFK Jr, Biden, Convention, Trump, Democrats, Electoral, DNC, Clear Choice PAC, Getty, Kennedy, Trump Jr, Union Station, White, Republican National Convention Locations: Arizona, Vermont, Boston , Massachusetts, Michigan, Wisconsin, , Pennsylvania, New York, Austin , Texas, AFP, Trump’s, Los Angeles , California, Milwaukee, Harris
The new short documentary “It’s Okay” explores the experiences of two young brothers at a Drag Story Hour event in North Carolina, one of more than a dozen states that have considered restrictions on drag performances in front of minors in recent years. An additional four states passed laws that could be used to restrict drag, according to Movement Advancement Project, an LGBTQ think tank. GLAAD, a national LGBTQ media advocacy organization, found that drag events faced more than 160 protests and significant threats between early 2022 and April 2023, with some events targeted by armed protestors. France said he felt like the people who were left out of the national conversation about Drag Story Hour were the kids who attended them. If his brother was indifferent to the drag queen or the story, that would have been our film.
Persons: , Leo, Matteo, Shelita, , “ Simon Says ”, Shelita Bonet Hoyle, David France, Oscar, , ’ ”, MSNBC Films France, Matteo’s Organizations: MSNBC, New Yorker, NBC News, Advancement, GLAAD, MSNBC Films, NBC Locations: North Carolina, Charlotte, Queens , New York, N.C, , ’ ” France, ” France, Montana, Tennessee, France, Texas
If you ask Zaslav, though, the reason Roberts and other potential buyers of media assets aren't interested is because the government has scared them away. Or, perhaps, legacy media companies are simply undesirable assets to own. He extended the life of his previous company, Discovery Communications — and probably his own tenure running a media company — by merging it with AT&T's WarnerMedia in 2022. Without a deal, Discovery would have wallowed as a subscale content provider and owner of declining cable networks. Discovery with another legacy media company, such as Paramount Global , Fox or Disney , or NBCUniversal, if it were spun off from Comcast.
Persons: David Zaslav, David Grogan, Brian Roberts, " Roberts, Comcast's, Roberts, Zaslav, Shari Redstone, Rob Kindler, Paul, Weiss, they've, Kindler, haven't, Morgan Stanley's, Donald Trump's, There's, Joe Biden's, Simon, Simon & Schuster, JD Vance, Lina Khan's, Lina Khan, Biden, Vance, Kamala Harris Organizations: Allen & Company Sun Valley Conference, CNBC Comcast, Warner Bros, Discovery, Allen & Co, Sun, Paramount, Skydance Media, CNBC Redstone, Starz, AMC Networks, Vice Media, Discovery Communications, NBA, Apple, Paramount Global, Fox, Disney, Comcast, CNBC, Google, Scripps Networks Interactive, Time Warner, Scripps, Viacom, CBS, Sky, AMC, IFC, Sundance, Lionsgate, Media, Republican, Democratic, Donald Trump's Department of Justice, Simon &, Random, MGM, Federal Trade, & $ Locations: Sun Valley , Idaho, RemedyFest
Read previewBudget airlines are upending many of their original business plans as increased costs wreak havoc on their bottom lines. On Thursday, Southwest Airlines announced the end of its open seating policy, a 50-year practice of letting passengers choose their seats based on their boarding order instead of having one pre-assigned. Budget flying has been moving in this direction for yearsThe industry's sea change has left budget carriers scrambling to increase revenue without turning away customers, prompting major policy changes. Other budget airlines have been similarly evolving their business models in recent years. Frontier Airlines and Spirit Airlines, for example, ditched most cancellation and change fees for ticket holders.
Persons: , Savanthi, Raymond James, Henry Harteveldt, Scott Kirby, Bob Jordan, Jordan, I'm Organizations: Service, Southwest Airlines, Business, Frontier Airlines, Spirit Airlines, JetBlue, Spirit, United Airlines, CNBC Locations: Southwest
A view of the U.S. Supreme Court building in Washington, U.S., June 17, 2024. WASHINGTON — The Supreme Court on Monday waded into the contentious debate over gender-affirming care for transgender minors by agreeing to resolve challenges to a law in Tennessee that seeks to restrict it. The justices will review an appeals court ruling that upheld the measure. In a separate case, the court in April allowed Idaho to mostly enforce a similar law. The plaintiffs then asked the Supreme Court to step in.
Persons: WASHINGTON —, Elizabeth Prelogar, Jeffrey Sutton, Neil Gorsuch Organizations: U.S, Supreme, WASHINGTON, Movement Advancement, Biden, Circuit Locations: Washington , U.S, Tennessee, Idaho, Kentucky, Cincinnati, West Virginia
A federal judge on Monday temporarily blocked Iowa from enforcing its own immigration law, which makes it a state crime to enter Iowa after being deported or denied entry into the United States. The ruling comes amid a national push by statehouse conservatives to assert authority over illegal immigration, which the Justice Department argues is solely the federal government’s responsibility. “As a matter of politics, the new legislation might be defensible,” Judge Stephen Locher wrote. “As a matter of constitutional law, it is not.”Iowa is among a few Republican-led states that have enacted a form of state-level immigration enforcement this year, infuriating Biden administration officials who have described the laws as unconstitutional overreach. Iowa officials vowed to appeal the judge’s order granting the preliminary injunction.
Persons: Stephen Locher, Biden Organizations: statehouse, Justice Department, Republican Locations: Iowa, United States, ” Iowa
The Biden administration’s new Title IX regulations that expanded protections for L.G.B.T.Q. students have been temporarily blocked in four states after a federal judge ruled that the Education Department overstepped its authority. The plaintiffs argued that the Biden administration’s interpretation of Title IX betrayed the law’s original purpose of prohibiting discrimination on the basis of sex. The new rules, which the Education Department released in April, disallow discrimination or harassment of students based on their gender identity, enshrining stronger protections for transgender students. However, the rules skirted some of the most divisive questions, stopping short of requiring schools to grant transgender students access to single-sex dorms or sports teams.
Persons: Terry A, Doughty, Biden, IX Organizations: Biden, Education Department Locations: Louisiana, Louisiana , Mississippi, Montana, Idaho
But if you ask some Americans, airfares have gotten out of control in recent years. Keyes said international inflation-adjusted airfares for US passengers have also generally fallen over the past decade. To be sure, any frustrations about airfare prices haven't stopped many Americans from flying. "The decline in inflation-adjusted airfares appears to be uncorrelated with the financial performance of the 'big three' airlines," Tan said. AdvertisementIt's also possible that after airfare prices plummeted due to the pandemic, 2022's swift rise in airfares caught Americans off guard.
Persons: , airfares, Scott Keyes, Mike Daher, It's, Keyes, Biden, Kerry Tan, they've, haven't, Tan, ​ Tan, there's, airfare, Hayley Berg, Hopper's, NerdWallet Organizations: Service, Bureau of Transportation Statistics, Business, Deloitte, Gallup, JetBlue, Spirit Airlines, Department of Transportation, TSA, Loyola University Maryland, Delta, of Transportation, Airlines for America, Southwest, Spirit, United, Biden Administration, The Airlines Locations: United, America
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Spirit Airlines CEO Ted Christie said Friday that the budget airline isn't considering a Chapter 11 bankruptcy filing and is "encouraged" by its plan after a failed takeover by JetBlue Airways . Earlier this year, a federal judge blocked JetBlue's planned takeover of Spirit on antitrust grounds, raising concerns on Wall Street about the money-losing airline's ability to address its debt. "We are proudly executing to our plan as we've exited the merger agreement with JetBlue and are encouraged by the initial results of our stand-alone plan," Christie said at an annual shareholder meeting on Friday. S&P Global Ratings on Wednesday downgraded Spirit, raising questions about its ability to refinance.
Persons: Ted Christie, Spirit, we've, Christie Organizations: Spirit Airlines, Austin, Bergstrom International Airport, JetBlue Airways, Pratt & Whitney, Airbus, JetBlue, Hertz Locations: Austin , Texas, Thursday's
New York CNN —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. “Consumers will shoulder $800 million in late fees every month that the rule is delayed — money that pads the profit margins of the largest credit card issuers. The new rule would apply to large credit card issuers — those with more than 1 million accounts. The push to target credit card fees is part of the Biden administration’s efforts to ease financial burdens for many Americans. The new rule also intended to close a 2010 loophole the CFPB says has been “exploited” by credit card companies to hike fees on late payments.
Persons: Mark T, Pittman, Donald Trump, , Chuck Bell, Biden Organizations: New, New York CNN, Biden, US, Chamber of Commerce, Consumer Financial, CNN, of Commerce, Consumer Locations: New York, Fort Worth , Texas
In March, the Consumer Financial Protection Bureau announced that a new federal rule would cap fees on late credit card payments at $8 a month, estimating that the change would save American households $10 billion a year. On Friday, a federal judge in Fort Worth temporarily blocked the rule, siding with bank and credit card company lobbyists who contend in a lawsuit that it is unconstitutional. Now, the lobbyists can continue their legal fight in U.S. District Court before Judge Mark T. Pittman, who granted the preliminary injunction. The consumer bureau’s new rule would limit issuers to an $8 fee unless they could show that more money was needed to cover their collection costs. The bureau estimated that the rule would apply to more than 95 percent of all outstanding credit card balances.
Persons: Mark T, Pittman Organizations: Consumer Financial, Bureau Locations: Fort Worth, U.S
At the end of March, a federal judge sided with Kim, blocking Democrats from using the so-called "county line" system in the state's upcoming June primaries. That's set to bring a stark change to the way ballots look — and potentially, a total overhaul in the state's political culture. AdvertisementHere's what to know about the "county line" and why it may be going away for good. A 2020 Democratic primary ballot in Mercer County, New Jersey. "I think you'll see a more candidate-centric politics," said Jersey City Councilman James Solomon, a longtime opponent of the county-line system.
Persons: , Andy Kim, Kim, That's, Kim et, Hanlon, Sen, Bernie Sanders, Joe Biden, Hanlon et al, Bob Menendez's, Democratic Sen, Bob Menendez, Menendez, Spencer Platt, Tammy Murphy, Phil Murphy, Zahid Quraishi, Tom Williams, Murphy, Rob Menendez —, Ravi Bhalla, James Solomon, They've, they've Organizations: Democratic, Service, Garden State, New York City, Getty, Democratic Gov, Jersey City Locations: New Jersey, Nevada and Delaware, Salem, Sussex, Mercer County , New Jersey, Hanlon et, New York, Hoboken, Jersey
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