Judge’s Ruling that Illegal Discrimination is Not “Unfair” Should be Overturned
WASHINGTON, D.C. – A federal district court judge in Texas ruled last Friday that the Consumer Financial Protection Bureau (CFPB) may not monitor companies that provide checking accounts and other non-credit financial services to ensure they are not discriminating based on protected characteristics, such as a person’s race, religion, or sex. The CFPB had pointed to this discrimination as also constituting an unfair practice that it can identify, prohibit, and prosecute, which the law authorizes the CFPB to do. “Illegal discrimination fits the commonsense definition of an unfair practice. To