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Consumer Financial Protection Bureau (CFPB) Contempt

Ballard Spahr LLP

House Financial Services Committee details case for contempt proceedings against Director Cordray for failing to comply with...

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A report by the majority staff of the House Financial Services Committee concludes that there is a “valid and factual basis” for instituting contempt of Congress proceedings against Director Cordray. The report states that...more

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CFPB files contempt motion for failure to comply with CIDs

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The CFPB is asking a Michigan federal district court to hold two companies in contempt for failing to comply with civil investigative demands. While the CFPB has filed numerous petitions to enforce a CID, the contempt motion...more

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