News & Analysis as of

PHH Corp. v CFPB Enforcement Authority

Ballard Spahr LLP

Fifth Circuit rules CFPB’s structure is constitutional

Ballard Spahr LLP on

On Tuesday March 3, the same day that the U.S. Supreme Court heard oral argument in Seila Law, the Fifth Circuit, in a 2-1 decision, ruled in All American Check Cashing that the CFPB’s structure is constitutional....more

BCLP

Trump May Not be the Only Catalyst for Administrative Reform

BCLP on

In the past few months, there has been a lot of speculation regarding the future of many administrative agencies under Trump’s administration. However, two current cases pending in the D.C. Circuit have the potential to have...more

Shumaker, Loop & Kendrick, LLP

Client Alert: CFPB’s Structure is Unconstitutional, D.C. Circuit Court Holds

Lenders and their attorneys have been closely monitoring the enforcement actions and rules promulgated by the Consumer Financial Protection Bureau or CFPB, which was created under the Dodd-Frank Act. The CFPB’s three goals...more

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