Texas Judge Denounces New Bankruptcy Law

Texas Judge Denounces New Bankruptcy Law

Texas Judge Denounces New Bankruptcy Law

I received this email from my colleague Doug Henwood last week:

A bankruptcy judge in Texas, by all accounts a sober and respected fellow, wrote the attached opinion, denouncing the new bankruptcy law. As he puts it: Congress wasn’t interested in theopinions of any experts in the field, because it had its own agenda, "to make more money off the backs of consumers." He also says that to call the Act a "consumer protection" Act is the "grossest ofmisnomers," and declared that "no rational human being could make a cogent argument" in the law’s favor. Wow. Check it out.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

I received this email from my colleague Doug Henwood last week:

A bankruptcy judge in Texas, by all accounts a sober and respected fellow, wrote the attached opinion, denouncing the new bankruptcy law. As he puts it: Congress wasn’t interested in theopinions of any experts in the field, because it had its own agenda, "to make more money off the backs of consumers." He also says that to call the Act a "consumer protection" Act is the "grossest ofmisnomers," and declared that "no rational human being could make a cogent argument" in the law’s favor. Wow. Check it out.

Your support makes stories like this possible

From illegal war on Iran to an inhumane fuel blockade of Cuba, from AI weapons to crypto corruption, this is a time of staggering chaos, cruelty, and violence. 

Unlike other publications that parrot the views of authoritarians, billionaires, and corporations, The Nation publishes stories that hold the powerful to account and center the communities too often denied a voice in the national media—stories like the one you’ve just read.

Each day, our journalism cuts through lies and distortions, contextualizes the developments reshaping politics around the globe, and advances progressive ideas that oxygenate our movements and instigate change in the halls of power. 

This independent journalism is only possible with the support of our readers. If you want to see more urgent coverage like this, please donate to The Nation today.

Ad Policy
x