SCOTUS Declares the Federal Government Subject to Suit Under the Fair Credit Reporting Act

Administrative Static Podcast

The Eighth Circuit upheld the dismissal of Corner Post’s lawsuit challenging a Federal Reserve regulation, ruling that the six-year statute of limitations to challenge the rule had already expired.

However, Corner Post did not exist until more than six years after the rule issued, and it filed suit less than four years after opening for business. NCLA filed an amicus curiae brief in Corner Post, Inc. v. Board of Governors of the Federal Reserve System, urging SCOTUS to allow the lawsuit to go forward in such circumstances and protect judicial review.

NCLA Litigation Counsel Kara Rollins joins Mark and Vec to go over the oral argument at the Supreme Court last week in Corner Post, Inc. v. Board of Governors of the Federal Reserve System.

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