Dallas Mavericks owner Mark Cuban and two prominent hedge fund managers are throwing their support behind former investment adviser Raymond Lucia in his latest challenge to the constitutionality of the U.S. Securities and Exchange Commission’s administrative law judges. Read the full article here.TweetShareShare0 Shares

The Consumer Financial Protection Bureau fought back Monday against a preliminary injunction bid by a New York debt collection law firm that’s accused the agency of “blatantly lawless behavior” in investigating it, painting the firm’s case as procedurally improper and rejecting its constitutional challenge to the agency’s budgetary independence. Read the full article here. TweetShareShare0…

Federal agencies haven’t had much luck at the U.S. Supreme Court lately, but it could soon get much worse. The justices are now considering taking up two cases that could dramatically limit when courts must defer to regulators about the meaning of statutes. Read the full article here. TweetShareShare0 Shares

Machine guns are prohibited under federal law. But what about bump stocks, a plastic accessory that can make a perfectly legal semi-automatic weapon behave like a machine gun? Read the full article here. TweetShareShare0 Shares

Texas, Louisiana and Indiana urged the full Fifth Circuit on Tuesday to reject a bid by several Native American tribes and the federal government to overturn a ruling that the Indian Child Welfare Act is unconstitutionally race-based, arguing that Congress’ power to legislate for tribes must be limited. Read the full article here. TweetShareShare0 Shares

A new U.S. Supreme Court is giving conservative legal groups the confidence to look beyond “Chevron deference” and attack the independence of agencies like the Federal Communications Commission and Federal Trade Commission as part of their broader war on the administrative state. Read the full article here. TweetShareShare0 Shares