Laws In Texas

Texas Bank’s CFPB Challenge would Recuse Supreme Justice says Dept Of Justice

The lawsuit by State National Bank of Big Spring, Texas, is not the right vehicle to take up the CFPB’s constitutionality because Kavanaugh said the bank had standing to sue over the CFPB’s constitutionality in a 2015 opinion as an appellate court judge. Thus Kavanaugh could take no part in this hearing.

The U.S. Supreme Court should reject a small Texas bank’s bid to challenge the Consumer Financial Protection Bureau’s constitutionality because Justice Brett Kavanaugh would be sidelined from the case, the Trump administration said.

The lawsuit by State National Bank of Big Spring, Texas, is not the right vehicle to take up the CFPB’s constitutionality because Kavanaugh, who said the bank had standing to sue over the CFPB’s constitutionality in a 2015 opinion as an appellate court judge. Thus Kavanaugh could take no part in this hearing.

However, there are many instances when Justices have to recuse themselves, so this is not unusual.

In State National Bank of Big Spring v. Mnuchin, the Justice Department said this week that it agrees with the bank’s argument that the restriction on the president’s power to remove the bureau’s director violates the Constitution’s separation of powers.

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Credit: Bloomberg Law LP

Texas Bank Manager Admits to $11M Theft, So Where’s the Other $16M Gone? (FDIC Paid $27M in Losses)

Bank Managers are Stealing Millions of Dollars and Receiving Light Jail Sentences compared to Citizens Involved in Theft Sums for Small Amounts. Why is that America?

Texas Bank Goes Up In Flames in Very Suspicious Circumstances And Now its All Gone Eerily Quiet from the Investigative Agencies and Banking Regulators

In the first three months of 2019, the bank reported more than $10 million in loans to finance farming, according to the website CompleteBankData. That’s more than 16 times the amount held by First National in the same period.

Texas Appellate Courts are Not Following the Rule of Law on Standing in Foreclosure Judgments. Banks Who Lack Standing are Being Allowed to Foreclose With the Courts Complicit in Deception and Fraud

These were all cases where the foreclosure was sought by a bank that was not the original lender. In the vast majority of foreclosure cases decided after 2008, the lender and the plaintiff/forecloser were different entities because the lender sold the loan. In most cases, the loans had been repeatedly sold.

Texas Bank’s CFPB Challenge would Recuse Supreme Justice says Dept Of Justice
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