U.S. Treasury Issues Dire Warning on Debt Ceiling

NEwS FROM WASHINGTON • U.S. Treasury Issues Dire Warning on Debt Ceiling • Consumer Agency Fines Debt Processor $1.4M • Law Firm Leaders Focus on Empowering Women Attorneys • Mukasey Falters at Chamber of Commerce Event • D.C. Lawyers Tapped for Superior Court Vacancy • Lawyers React to Shutdown: 'Reach for Federalist Papers'? U.S. Treasury Issues Dire Warning on Debt Ceiling The U.S. economy could plummet into the worst recession since the Great Depression if Congress fails to raise the $16.7 trillion debt ceiling before October 17, according to a U.S. Treasury Department report [PDF] released Thursday. With two weeks to... Read More » Consumer Agency Fines Debt Processor $1.4M Continuing its crackdown on companies that provide debt settlement services, the Consumer Financial Protection Bureau today announced that a payment processing company will pay $1.376 million to settle allegations that it collected illegal up-front fees from consumers. The CFPB said... Read More » Sponsor Spotlight: Go Formal for Justice Gala Join the DC Bar Foundation Young Lawyers Network on Sat., Oct. 19, 8 pm - 12 am, Mayer Brown (1999 K St. NW) for open bar, dancing, auction, and more! Black Tie Optional. Get your tickets now at goformalforjustice.eventbrite.com, $100 online, $150 at the door. Questions? goformalforjustice@gmail.com. Thanks to our Platinum Sponsors: Huron Legal, White & Case LLP, and Cecily Baskir & John Freedman. Click here for more info. Law Firm Leaders Focus on Empowering Women Attorneys Dentons' Mike McNamara; Hogan Lovells' Claudette Christian; Major, Lindsey & Africa's Jane Sullivan Roberts; Arnold & Porter's Thomas Milch; Covington & Burling's Timothy Hester Top attorneys at several major firms today said law firms must do more to help women... Read More » Mukasey Falters at Chamber of Commerce Event Former Attorney General Michael Mukasey appeared weak and faltering during a public appearance at the U.S. Chamber of Commerce Thursday morning, calling to mind a public fainting episode he had during his tenure in 2008. He... Read More » D.C. Lawyers Tapped for Superior Court Vacancy A small firm attorney, a legal services lawyer and a public defender are vying for a slot on the District of Columbia Superior Court. The D.C. Judicial Nomination Commission announced yesterday it was recommending Steven Berk, Sean Staples and Sherry... Read More » Lawyers React to Shutdown: 'Reach for Federalist Papers'? When the The National Law Journal asked prominent practitioners about their reactions to the federal government shutdown on October 1, here’s what they had to say. Read More » SUPREME COURT CASES

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