NEW YORK (AP) — A Texas federal judge on Thursday accused the major banking industry groups and U.S. Chamber of Commerce of venue shopping in their lawsuit...
NEW YORK — A Texas federal judge on Thursday accused the major banking industry groups and U.S. Chamber of Commerce of venue shopping in their lawsuit against the Consumer Financial Protection Bureau, a major win for the federal regulator.
In his ruling, Pittman found little reason why the major industry groups — the American Bankers Association, Consumer Bankers Association, and U.S. Chamber of Commerce, among others — had filed their lawsuit there. The only banking industry connection to the district was the Fort Worth Chamber of Commerce, which only recently acquired a major bank as a member.
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages next week as sales of the electric pickup trucks slow. The changes announced in January will take effect Monday, Ford spokeswoman Jessica Enoch said. Ford began the year by cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth.
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