SCOTUS Mulls Power of Administrative State in Obama-Era CFPB:
The United States Supreme Court heard oral arguments on Tuesday in a case challenging the unchecked power of the Consumer Financial Protection Bureau (CFPB), part of the administrative state formed in the wake of the 2008 financial crisis as part of the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act.
The case, Seila Law LLC v. Consumer Financial Protection Bureau, made its way through the courts after Seila refused to honor CFPB’s request for information through a civil investigative demand, and challenged the agency’s structure, calling it unconstitutional.
No comments:
Post a Comment