Justice Brett Kavanaugh’s recent opinion in Cantero v. Bank of America offers little guidance on reconciling the National Bank Act with a New York statute that mandates interest payments on national bank escrow accounts. Despite the amendments to the National Bank Act under the 2010 Dodd-Frank Act, which provide a detailed preemption standard, the Supreme…
The US Department of Justice (DOJ) reported on Wednesday the arrest of Chinese national YunHe Wang on charges connecting him to the creation and dissemination of malware used in cyber attacks, large-scale fraud, and child exploitation. The indictment, unsealed on May 24, outlines that Wang and his accomplices managed to compromise a network consisting of…
UN Refugee Chief Calls for Global Action The number of people displaced by war, violence, and persecution has surged to an unprecedented 114 million, UN High Commissioner for Refugees Filippo Grandi revealed in an address to the United Nations Security Council (UNSC) on Thursday. In his address, Grandi attributed the escalation to the international community’s…