Ruling Against Wall Street Watchdog Decried as 'Reckless and Partisan'

Karl Frisch, executive director for the consumer advocacy group Allied Progress: "It's no wonder Wall Street wants to kill this successful agency—their ability to rip off consumers has been greatly diminished." Allied Progress zeroed in on one member of the panel, Judge Brett Kavanaugh, who they described as "a partisan activist with deep ties to corporate America." "Judge Kavanaugh's reckless, partisan decision was written to appease his cronies on Wall Street and the right-wing political movement where he got his start," said Frisch. "We have no doubt that it will be reversed by a full panel of his colleagues on the D.C. Circuit."