• Faculty on Point | Ralph Richard Banks on Racial Justice Beyond Constitutional Law
    Articles,  Blog

    Faculty on Point | Ralph Richard Banks on Racial Justice Beyond Constitutional Law

    [MUSIC] My current project is to produce a case book, Racial Justice and Law. And the goal of that is to provide what students haven’t had before, which is a resource that canvasses issues of racial justice across a variety of domains. One of the important goals of this case book, and of my teaching and writing otherwise, is to broaden the focus beyond constitutional law. We’re at an, at an odd place because we have, widespread support, for ideals of, of racial justice and color-blindness. Yet, we still have a society that is very much structured along lines of race. We have gross disparities in criminal justice in terms…

  • Articles

    Why Trump Wants to Make Banks Risky Again

    70% of Americans say it’s “very important” to regulate banks to keep consumers safe. But deregulation is a huge part of President Trump’s agenda. He’s already made steps to eliminate Dodd-Frank, the Obama era law that tried to reign in the banks after the 2008 financial crisis. You have regulations that are horrendous. So we’re going to do a very major haircut on Dodd-Frank. So what exactly is Dodd-Frank and what does it do? The goal of Dodd Frank is to curb the practices that caused the financial crisis. Before the recession, banks realized that mortgages could be a huge money-maker. So they made it really easy to get one,…

  • The Financial Frontier: Financial Freedom, Payday Lending, & “Operation Choke Point” [Fourth Branch]
    Articles,  Blog

    The Financial Frontier: Financial Freedom, Payday Lending, & “Operation Choke Point” [Fourth Branch]

    Can the government target legitimate businesses simply because it doesn’t approve of the industry? Payday loans, pornography, surveillance equipment, tobacco sales. There are unlawful businesses listed there. Operation Choke Point. Operation Choke Point. Operation Choke Point. Over the course of Operation Choke Point, we lost 21 banking relationships. This label — “Operation Choke Point” — was taken wildly out of context. The government was trying to do its job. Payday loans are very controversial but what is the borrower’s next best option? There are worse things than a payday loan and the borrower always has the choice to not take a loan. Payday loans are very controversial. While they are…