A federal judge dismissed a lawsuit brought by two conservative groups intended to halt the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

  • afraid_of_zombies@lemmy.world
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    1 year ago

    CATO backed the suit and their board of directors is about half bankers or former bankers. This isn’t even the first time they tried this, back October last year.

    They couldn’t win in public opinion, they couldn’t win by lobbying, so they tried it in court. They failed completely to demonstrate that they had any standing to bring this case.

    They also claim to be libertarian. Just something to remember the next time people tell you that there is a difference between the two.

    • surewhynotlem@lemmy.world
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      1 year ago

      Don’t you know? You don’t need standing anymore. You only need imaginary hypothetical possible standing.

      Or maybe that just applies to wedding website developers. I’m not clear on the case law.