CFPB to defend constitutionality to full court

Posted by SoftPro on 2/28/17 9:57 AM

The CFPB appealed the October ruling in which a 3 judge panel ruled in favor of PHH.  The CFPB asked the court to rehear the case en banc, meaning the entire court would hear the case, rather than the three judges who initially presided over the case .

On February 16th the full court of appeals granted that request.  The CFPB will argue its constitutionality before the full court on May 24th. 2017.  By ruling in favor to rehear the case en banc, the ruling from October that declared the CFPB’s leadership structure unconstitutional is vacated.

To read more click the following link: CFPB Appeal

 

 

 

Tags: Regulatory and Compliance

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