Friday, October 14, 2016

Consumer Financial Protection Bureau Brought Down A Notch


 

Beverly Weiss Manne
Tucker Arensberg, P.C.
Pittsburgh, PA
bmanne@tuckerlaw.com


Earlier this week the United States Court of Appeals for the DC Circuit issued its 110 page opinion concerning the Consumer Financial Protection Bureau (“CFPB”) and CFPB enforcement action in Case No. 15-177, PHH Corporation Et al vs Consumer Financial Protection Bureau (D.C. Cir. 10/11/16)(which can be found here).  The opening sentence of the opinion declares “This is a case about executive power and individual liberty,” which reflects the seriousness of the issues addressed.