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Recused: Texas Judge Steps Away From Case Amid Scrutiny of His Investments

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Recused: Federal Judge Steps Away From Contested Credit Card Late Fee Rule | Texas Lawyer
















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https://www.law.com/texaslawyer/2024/03/15/recused-texas-judge-steps-away-from-case-amid-scrutiny-of-his-investments/

U.S. District Judge Reed O’Connor

The judge was presiding over over litigation contesting a proposed cap on credit card late fees.

March 15, 2024 at 03:38 PM

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What You Need to Know

  • U.S. District Judge Reed O’Connor recused himself from a U.S. Chamber of Commerce lawsuit contesting a credit card late fee cap.
  • A watchdog group pressured the recusal with its revelation that O’Connor invested heavily in U.S. Chamber member banks.
  • O’Connor is a well known conservative Republican judge with reputation for ruling against Democratic regime policies.

U.S. District Judge Reed O’Connor of the Northern District of Texas recused himself late Thursday from a U.S. Chamber of Commerce lawsuit contesting a proposed cap on credit card late fees.

O’Connor announced his recusal after the government watchdog Accountable.US published findings that O’Connor personally invested as much as $45,000 in various American bank stocks, including up to $15,000 in Capital One Financial Corp. stocks.

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