The industry awaits a potential game-changing decision as SCOTUS agrees to hear CFPB case about whether the provision of law allowing the president to remove the agency’s director only for cause violates the constitutional separation of powers. U.S. Supreme Court oral arguments in the case are March 3.
11/18/2019 11:30
It’s worth noting that the ongoing questions surrounding the constitutionality of the bureau’s leadership structure are pertinent for all industries impacted by regulatory policies and enforcement decisions made by the CFPB. And at this point, it’s up in the air as to how the court will rule. Barber asks Klander thoughtful, intriguing questions about the most important issues relevant to this case and the bigger picture related to the potential future of the CFPB.
This riveting, 25-minute podcast is worth your time! ACA International has covered this case and will continue to do so going forward. ACA staff’s recent article titled, “SCOTUS to Hear Possible Game-Changing CFPB Case,” includes additional information important to understanding the issue.
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