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Paul McLeod

@pdmcleod

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Reporter in Washington, DC covering antitrust for @Capitol_Forum. Tips: [email protected]

Joined March 2010
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@pdmcleod
Paul McLeod
9 months
New blog: I wrote about a beloved animated series with spooky vibes and two gothic LA Noir TV movies of vastly different quality.
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@pdmcleod
Paul McLeod
9 hours
Twitter is so grim now the memory of this glorious day doesn't even feel real. One of the most annoying people mistakenly revealing his open tentacle porn tab then spending hours trying to tweet through it. It's like something from a fable, or a half-forgotten dream.
@EsotericCD
Jeff Blehar is *BOX OFFICE POISON*
10 hours
Eichenwald. I still think about Eichenwald maybe once every few months or so. It's the most amazing journalistic self-owning in Twitter history, a moral lesson to all.
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@pdmcleod
Paul McLeod
5 days
RT @linamkhan: To recap:. Firms have been making people jump through endless hoops just to cancel a subscription, trapping Americans in nee….
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@pdmcleod
Paul McLeod
12 days
RT @Suzanne08053: @GodLitigation Here's a link to the decision.
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@pdmcleod
Paul McLeod
12 days
RT @GodLitigation: Oh no, it finally happened:
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Paul McLeod
13 days
RT @LeeHepner: Some democracy you’ve got there. Would be terrible if RealPage came along and sued it into oblivion.
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@pdmcleod
Paul McLeod
14 days
RT @MattZeitlin: Few people are more powerful than reporters shouting questions at trump, he never rules anything out, he will always take….
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@pdmcleod
Paul McLeod
14 days
RT @MarcGoldwein: OBBBA borrowing is 5-8 times as high as the most extreme estimates of the federal cost of illegal immigration. https://t….
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@pdmcleod
Paul McLeod
17 days
"Why should one federal judge—perhaps a very extreme judge, on either side—have the power to dictate government policy for the entire country? Good riddance" @nicholas_bagley writes in The Atlantic.
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@pdmcleod
Paul McLeod
18 days
I think of it as less libs vs cons than industry groups vs the administration of government. Was it "conservatives" who wanted to strike down the SEC rule requiring hedge fund execs to disclose side deals to their investors or was it the Association of Private Fund Managers?.
@DougMackeyCase
Douglass Mackey
18 days
@pdmcleod First of all, Biden only faced 28 nationwide injunctions over four years. Second of all, so what? Conservatives didn’t like his policies, so we beat him at the ballot box. As it should be.
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@pdmcleod
Paul McLeod
18 days
RT @EmjayEdu: @tedcruz I asked CHatGPT to analyze that list of films, look for similarities, and rank the films by how "woke" they are. Her….
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@pdmcleod
Paul McLeod
18 days
Ah the Supreme Court ruled nationwide injunctions are bad unless they're used to block the administrative state.
@matthewstoller
Matt Stoller
18 days
@pdmcleod Alas no
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@pdmcleod
Paul McLeod
18 days
Due to a nationwide injunction the $8 cap never went into effect. This April, the Trump administration scrapped the credit card late fee cap altogether, as it has done to most Biden-era consumer protection measures. Point is, the old system served the business lobby well.
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@pdmcleod
Paul McLeod
18 days
Then the Fifth Circuit made sure attempts to undermine their authority would not happen again. The posted a new special order staying all transfers for 21 days unless both parties consent.
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@pdmcleod
Paul McLeod
18 days
Pittman tried to transfer the case to DC but the Fifth Circuit blocked him. They seemed displeased at the idea that they were not entitled to oversee all federal rulemaking: “This case is not one where Fort Worth citizens have a lesser stake in the litigation that DC citizens.”.
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@pdmcleod
Paul McLeod
18 days
“Venue is not a continental breakfast” Pittman wrote. The rule was promulgated in DC, the government agencies are in DC, most of the plaintiffs are based in DC, most of the attorneys involved work in DC. What on earth was this case doing in Fort Worth?.
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@pdmcleod
Paul McLeod
18 days
This time it ended up before Judge Mark Pittman in the Northern District of Texas. But then, a twist. Pittman was sick of the overt venue shopping and wanted no part of it.
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@pdmcleod
Paul McLeod
18 days
In 2024 the CFPB issued a rule to lower credit card late fees from $32 to $8, saving customers $10 billion annually. Like every Biden action impacting finance, the Chamber of Commerce and trade groups immediately sued in a court under the heavily conservative Fifth Circuit.
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@pdmcleod
Paul McLeod
18 days
I don’t think people realize how extreme the judge shopping/nationwide injunction tactic has been so here’s a quick story about what happened when the Consumer Financial Protection Bureau tried to cap credit card late fees at $8.
@pdmcleod
Paul McLeod
18 days
Basically everything Biden tried to do - ban noncompete agreements, student debt forgiveness, cracking down on payday lenders, etc etc etc - was immediately blocked by nationwide injunctions from the Fifth Circuit. Next Dem president may have just been unshackled.
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@pdmcleod
Paul McLeod
18 days
Basically everything Biden tried to do - ban noncompete agreements, student debt forgiveness, cracking down on payday lenders, etc etc etc - was immediately blocked by nationwide injunctions from the Fifth Circuit. Next Dem president may have just been unshackled.
@HawleyMO
Josh Hawley
18 days
SCOTUS kills the nationwide injunction!.
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@pdmcleod
Paul McLeod
19 days
RT @amandalfischer: Wow, Judge Torres in the Ripple case DENIED the joint motion with the SEC to vacate the injuction & reduce XRP’s penalt….
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