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Issue of constitutionality of CFPB is heading to the Supreme Court.

Posted By Cliff Tuttle | February 1, 2018

No. 1,409

The DC Circuit Court of Appeals reversed the District Court ruling that the Consumer Financial Protection Bureau was unconstitutional because it had been created with a single director who could not be replaced by the President, except for cause.  There will almost certainly be a Petition for Review filed with the Supreme Court.  The Court could let the decision stand, which would leave the door open for other circuits to weigh in.  Here’s a basic and readable explanation of the case.

CLT

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CLIFF TUTTLE has been a Pennsylvania lawyer for over 40 years and (inter alia) is a real estate litigator and legal writer. The posts in this blog are intended to provide general information about legal topics of interest to lawyers and consumers with a Pittsburgh and Western Pennsylvania focus. However, this information does not constitute legal advice and there is no lawyer-client relationship created when you read this blog. You are encouraged to leave comments but be aware that posted comments can be read by others. If you wish to contact me in privacy, please use the Contact Form located immediately below this message. I will reply promptly and in strict confidence.

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