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Court to Rehear CFPB’s Constitutionality
Statement by Mike Landis, Litigation Director at U.S. PIRG, about today’s decision by the D.C. Circuit Court of Appeals to rehear en banc the panel ruling against the CFPB’s independent leadership.
"We are pleased that the ruling against the Consumer Financial Protection Bureau’s independent leadership will be reviewed by the full court.
A review by the full court gives CFPB Director Richard Cordray the chance to finish out his term and continue being a consumer champion."
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U.S. PIRG, the U.S. Public Interest Research Group, is a consumer group that stands up to powerful interests whenever they threaten our health and safety, our financial security, or our right to fully participate in our democratic society.
More from PIRG on our support for the CFPB in this court challenge to the CFPB's structure is here and here.
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