The U.S. District Court for the Eastern District of Texas held that the CFPB's amendments to its supervisory operations and examinations manual to include “discrimination” under “unfair, deceptive, or abusive acts or practices” exceeds the agency's authority under Dodd-Frank.
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In testimony before the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, DOJ Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan described challenges in the current enforcement of federal antitrust laws.
President Joseph R. Biden sent nominations to the Senate to fill key regulatory positions.
The FTC restored its past practice of requiring merging parties to obtain prior approval from the FTC "before closing any future transaction affecting each relevant market for which a violation was alleged."
In response to a surge in merger filings, the FTC introduced changes to its mergers and acquisitions investigations, and assessments of second requests and second request negotiations.