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CFPB Changes Tack on For-Cause Removal Provision

October 4, 2019 By Sam Bragg

A&B ABstract: In a reversal of its previous position on the issue, the CFPB publicly asserted last month in two separate venues that the for-cause removal provision of the Consumer Financial Protection Act is unconstitutional. On September 17, 2019, CFPB Director Kathleen Kraninger sent two letters (the “Letters”) to Speaker of the House Nancy Pelosi […]

Filed Under: Consumer Financial Protection Bureau (CFPB) Tagged With: #CFPA, #PHH, #SeilaLaw

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