Posts Tagged ‘Andrew Cuomo’

Banking and finance roundup

  • Using regulation to stomp political adversaries endangers rule of law: Gov. Cuomo directs New York financial regulators to pressure banks, insurers to break ties with National Rifle Association (NRA) [J.D. Tuccille, Reason]
  • My opinion piece on New Jersey governor’s scheme for a state bank has now escaped its WSJ paywall; WSJ readers respond [letters] And Sen. Kirsten Gillibrand [D-N.Y.] has now introduced a plan to get the federal government into retail banking via the post office [Daniel Marans, Huffington Post, quoting Gillibrand’s interesting claim that “Literally the only person who is going to be against this is somebody who wants to protect payday lender profits.”] More: Nick Zaiac on postal banking;
  • “From Kelo to Starr: Not Merely an Unlawful Taking but an Illegal Exaction” [Philip Hamburger on federal government’s acquisition of a dominant equity stake in AIG]
  • Court’s opinion on consumer debt contract formed in New York specifying Delaware law undermines “valid-when-made” doctrine that promotes liquidity of secondary debt market [Diego Zuluaga, Cato]
  • “Some blockchains, as currently designed, are incompatible with” the European Union’s General Data Protection Regulation [Olga Kharif, Bloomberg via Tyler Cowen]
  • And if you’re interested in the legal constraints holding back the extension of banking services to the cannabis industry, tune in to a Cato conference on that subject May 10.

Higher education roundup

  • U.S. Department of Education and Title IX: “The Office for Civil Rights Is Still Out of Control” [KC Johnson]
  • Mobility penalty: “The residency requirement in Cuomo’s free tuition plan makes a bad idea worse” [Beth Akers]
  • Loyalty oaths? Many colleges now require diversity statements for hiring and promotion [George Leef] Public college expels nursing student for breach of professional ethics code that includes ideological commitments, Supreme Court should review [Ilya Shapiro and David McDonald/Cato, Eugene Volokh on petition for certiorari in Keefe v. Adams]
  • Maryland lawmakers move to bar colleges from asking applicants about criminal records [WYPR; Michael Dresser, Baltimore Sun]
  • “Colleges and the First Amendment” [video, Federalist Society panel with Michael McConnell, Philip Hamburger, et al.] Eugene Volokh presentation on free speech on campus Reason video, etc.
  • “Torch the miscreant, resanctify the community.” Laura Kipnis attends a Title IX trial [Chronicle of Higher Education, (from her forthcoming book); more at Reason]

Banking and finance roundup

  • SEC in-house administrative law judges are unconstitutional, rules 10th Circuit, creating circuit split [ABA Journal, Jonathan Adler]
  • “Dear Sen. Warren: If we care to share our policy views, we’ll let you know. Otherwise MYOB. Signed – 33 firms” [Elizabeth Warren letter demanding to know what financial firms think of delay in Labor Department fiduciary rule, coverage WSJ/MarketWatch]
  • New York Gov. Andrew Cuomo’s grab for more regulatory power over financial institutions would erode due process protections [New York Post quoting Mark Calabria]
  • “Supreme Court Probes Whether Miami Can Sue Banks Over Foreclosure Crisis” [Daniel Fisher, earlier on Bank of America v. Miami here, etc.] Arnold Kling’s prescriptions for getting the government out of the mortgage market;
  • Mini-symposium on the personal benefit standard for insider trading in the recent Supreme Court case of Salman v. U.S. [Bainbridge]
  • India’s devastating crackdown on cash [Cato Daily Podcast with Jim Dorn and Caleb Brown]

Labor roundup

  • Forget about event permits unless you hire union? Feds arrest Boston mayor’s tourism aide on extortion charges [Connor Wolf/Daily Caller, Boston Herald, indictment, WCVB (auto-plays)]
  • Georgia to feds: franchise law is state law, and you’re not free to tear up its terms to favor unions [International Franchise Association, Connor Wolf/Daily Caller]
  • Unique California farm-labor law binds growers to “contracts” they never signed. Is that even constitutional? [Ilya Shapiro, Cato] Upstate farmers furious over Gov. Cuomo’s move to unionize farm labor in New York [City and State]
  • NLRB strikes down innocuous handbook provision expecting employees to maintain “positive” workplace environment [Jon Hyman] “Is it time for a new NLRB rule on handbook policies?” [same]
  • “Funding Ideology, Not Research, at University of California ‘Labor Institutes'” [Steven Greenhut, Reason]
  • NLRB Philadelphia regional director, criticized over role in pro-union fund, suspended for 30 days [Law360, Labor Union Report]

Nail salons: an inspector calls

After the New York Times wildly muffed that big outrage story on worker pay at nail salons — and the first installment in Jim Epstein’s series makes a compelling case that it did — Andrew Cuomo’s inspectors descended in force to see what violations they could find. That’s when, to the great detriment of workers and salon owners alike, the real chaos began.

More: Part III of the series is on the supposed miscarriage/cancer epidemic conjured up by the Times. If you like the way Epstein first chipped and then cracked the paper’s well-glossed claws, watch what he does with the solvents.

Wage and hour roundup

  • Danny Meyer decision to move NYC restaurants to no-tip policy “was driven by state and federal laws and regulations” [Ira Stoll, Future of Capitalism]
  • U.S. Department of Labor will seek comment on whether employers should be liable for overtime when non-exempt employees use company-issued mobile devices after hours [Daniel Schwartz]
  • Yes, the Gig Economy is piecework, no, there isn’t anything particularly horrible about that [Megan McArdle, Bloomberg View]
  • House panel blasts DoL regs prescribing overtime for junior managers [Littler, House Small Business]
  • The madness of King Andrew: Cuomo’s $15 minimum wage would amount to 90% of the median wage in Buffalo metro area, 86 percent in Rochester [Alex Armlovich, New York Daily News]
  • “Asian Nail Salon Staff Demand Apology From The New York Times for Poverty-Porn Series That’s Costing Them Jobs” [Elizabeth Nolan Brown, Reason, earlier] And more: Jim Epstein re-reports the Times nail salon story in the first of a four-part series. Devastating, read it;
  • Class action lawyer sues 2 more “Uber for…” startups on wage/hour classification theory [ArsTechnica, earlier]

Wage and hour roundup

  • “No unpaid internship in the for-profit sector ever has or ever will satisfy these [USDOL] rules” [Bryan Caplan]
  • Obama wage/hour czar David Weil doubles as a key ideologist of the kill-outsourcing crowd [Weekly Standard, related earlier on NLRB move against franchise and subcontract economy]
  • “A $15-hour minimum wage could harm America’s poorest workers” [Harry Holzer, Brookings] Alderman Antonio French, a key Ferguson protest figure, opposes minimum wage hike in St. Louis [Washington Post “WonkBlog”]
  • “Andrew Cuomo’s leftward lurch: Calling for a $15-an-hour minimum wage is his latest out-of-character move” [Bill Hammond, NY Daily News] Since minimum wage hike, mini-recession has hit employment in Los Angeles hotel sector [Ozimek]
  • Court ruling: Yelp reviewers volunteer their reviews and are not entitled to be paid for them [Courthouse News]
  • 400 Uber drivers: don’t let them take away our independent contractor status [Daniel Fisher, Forbes] Mandated benefits and the “Happy Meal Fallacy” [Tabarrok]
  • “Bill Would Make Maryland Employers Set Work Schedules Earlier” [WAMU on Del. David Moon’s “Fair Work Week Act”; related on national “Schedules That Work” Democratic legislation, Connor Wolf/Daily Caller]

Labor and employment roundup

  • Really, I never want to hear one word ever again about Gov. Andrew Cuomo being “at least good on economic issues” [Peter Suderman and Nick Gillespie, Reason (New York will mandate $15/hour for most fast-food workers, which in many upstate cities could amount to 75 percent of average wage); Heather Briccetti/New York Post (activists bused from one hearing to next to jeer opponents); Nicole Gelinas/City Journal (Cuomo picks online guy to represent business on brick-and-mortar-endangering wage board), Joanna Fantozzi/The Daily Meal (possible legal challenge); Coyote on Card and Krueger study]
  • Labor markets don’t behave the way sentimental reformers wish they behaved, part 53,791 [Seattle minimum wage hike: Mark Perry (largest half-year decline in foodservice jobs in region since Great Recession; but see, Brian Doherty on problems with that number series) and Rick Moran (“Employees are begging their bosses to cut their hours so they can keep their food stamps, housing assistance, and other welfare benefits.”); David Brooks via Coyote]
  • Employers scramble to monitor, control time worked in response to Obama overtime decree [WSJ] “No one wants to go back to filling out time sheets…. managers fear (rightly) that I will have to set arbitrary maximum numbers of work hours for them.” [Coyote] Business resistance aims for the moment at (deliberately abbreviated) public comment period [Sean Higgins, Washington Examiner] “Can Obama Really Raise Wages for Millions of People So Easily? Quick answer: no” [David Henderson; WSJ/@scottlincicome on seasonal pool-supply company]
  • Hillary Clinton and the Market Basket Stores myth [James Taranto]
  • Labor Department proposes tightening regulation of retirement financial advisers [Kenneth Bentsen, The Hill]
  • Proposed: “well-orchestrated” state ballot initiatives aimed at overturning employment at will [Rand Wilson, Workplace Fairness] My view: “Everybody wins with at-will employment” [Ethan Blevins, Pacific Legal amicus briefs in Supreme Court of Washington, followup on oral argument, and thanks to PLF for citing my work in its amicus brief in Rose v. Anderson Hay and Grain; much more on employment at will in my book The Excuse Factory, also some here]
  • The SEIU’s home caregiver membership motel: you can check in, but just try checking out [Watchdog Minnesota Bureau]

Labor and employment roundup

Labor and employment roundup