Case focuses on single-director leadership structure at the bureau.
9/20/2019 9:00
The Consumer Financial Protection Bureau is the latest party in a case on the constitutionality of its leadership structure to ask for the U.S. Supreme Court to review the matter.
The Hill reports attorneys from the CFPB and the U.S. Department of Justice filed a brief in Seila Law v. Consumer Financial Protection Bureau Sept. 17.
“The structure of the Bureau, including the for-cause restriction on the removal of its single director, violates the Constitution’s separation of powers,” wrote the administration's attorneys, asking the Supreme Court to take up the lawsuit, according to the article.
In the Seila Law case, a Ninth Circuit panel unanimously ruled the structure of the CFPB, with a single director at the helm, is constitutional, ACA International previously reported.
CFPB Director Kathy Kraninger also weighed in on the matter recently in letters to House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Mitch McConnell, R-Ky., CNBC reports.
“Mindful of the Bureau’s role as an Executive agency within the Executive Branch […] I have decided that the Bureau should adopt the Department of Justice’s view,” Kraninger wrote in letters, according to the article.
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