David Thompson (Cooper & Kirk) on What Can be Done about Operation Choke Point 2.0 (EP.412)
On The Brink with Castle Island
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The Supreme Court's Response to the Federal Reserve Statement
The APA claim that you mentioned, that pertains to the federal reserve statement. And I think the substance of it was that even state chartered institutions are beholden to Fed rules. So the issue in that case would be that they owed the affected industry a notice and comment period as is cost to worry. Exactly right. And they didn't do that. And that's a serious no-no. It shows they were in a rush to try to put the vice down on the industry because like, why else would they do that? Well, they don't want to delay putting that out. So they made a calculated risk. It's worth it. Maybe we'll get sued.
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