Browsing: Legal

Compliance

A federal appeals court today upheld the constitutionality of the Consumer Financial Protection Bureau’s leadership structure — a single powerful director who can be removed by the president only “for cause,” not at will — reversing a three-judge panel’s decision in 2016.

Legal

Consumer Financial Protection Bureau Acting Director Mick Mulvaney will continue to serve in that capacity as a federal judge today denied CFPB Deputy Director Leandra English’s request for an injunction stating that she is the rightful acting director.

Compliance

Courts appear willing to restrict a consumer’s ability to revoke consent to contact—have not issued adequate rulings to create meaningful precedent.

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