Mick Mulvaney is secure in his new title as Acting Director of the Consumer Financial Protection Bureau (CFPB)—at least for now—as a result of a Trump-appointed judge’s decision, issued on November 28, 2017. The decision came...more
12/1/2017
/ Administrative Agencies ,
Consumer Financial Protection Bureau (CFPB) ,
Declaratory Rulings ,
Director Nominations ,
Dodd-Frank ,
Federal Reserve ,
Federal Vacancies Reform Act ,
Presidential Appointments ,
Richard Cordray ,
Trump Administration ,
Vacancies Act
In response to a challenge from mortgage servicer PHH Corp. regarding the constitutionality of the single director structure of the Consumer Financial Protection Bureau (the CFPB or Bureau), the United States Court of...more
10/20/2016
/ Constitutional Challenges ,
Consumer Financial Protection Bureau (CFPB) ,
Director Removal ,
Dodd-Frank ,
Government Agencies ,
PHH Corp. v CFPB ,
Presidential Elections ,
Removal At-Will ,
Removal For-Cause ,
RESPA ,
Severability Doctrine ,
Single Director ,
Statutory Interpretation
Companies offering payment services or financial products to consumers are facing a proposed rule from the CFPB that would prohibit class action waivers in binding pre-dispute arbitration agreements. Although the information...more