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CFPB Tag

Posted by Mary Chastain on August 15, 2025 14 Comments

"These requirements—agency action, finality, ripeness, and discreteness—reflect that the APA does not make federal courts 'roving commissions' assigned to pass on how well federal agencies are satisfying their statutory obligations."...

Posted by Jared Samilow on January 31, 2018 19 Comments
In October 2016, a conservative panel on the D.C. Circuit ruled, 2–1, that too much unilateral power was concentrated in the independent Director of the Consumer Financial Protection Bureau, unconstitutionally infringing upon the President's Article II executive powers. In February, the full D.C. Circuit agreed to en banc rehearing of this case—entitled PHH Corporation v. CFPB—meaning that all 11 active judges would decide the case from scratch.

Posted by William A. Jacobson on January 10, 2018 24 Comments
Donald Trump secured a victory in the federal District Court in D.C., as a Judge just ruled that Mick Mulvaney can continue as Acting Director of the Consumer Financial Protection Bureau (CFPB). The Court rejected the claims of Leandra English, appointed by Richard Cordray just as he was leaving CFPB, that she should remain as Acting Director pending nomination and confirmation of a replacement Director. The Opinion and Order (pdf.) is embedded at the bottom of this post. MORE TO FOLLOW

Posted by William A. Jacobson on December 12, 2017 44 Comments
Georgetown Law Professor Randy Barnett had a tweet on December 5, 2017, that I've been meaning to write about. It reflects a subject I, and others, have been focusing on since election night -- the refusal of Democrats and #NeverTrump Republicans to accept the outcome of the election not just emotionally, but as to the transfer of power that continues to this day, over a year since the 2016 election. Here is Prof. Barnett's tweet, referencing the attempt by outgoing CFPB Director Richard Cordray preemptively to install Leandra English as Interim Director over the objections of the Trump administration.

Posted by Mary Chastain on December 11, 2017 17 Comments
Last week, Bloomberg published an article how one man had enough of fake debt collectors badgering him and his family to collect a phantom debt, money he did not owe. Andrew Therrien used his own money and time to track down these people and only found assistance from the FBI and the Federal Trade Commission (FTC). You know what agency was missing? The Consumer Finance Protection Bureau (CFPB), the brainchild of Sen. Elizabeth Warren (D-MA). Instead of concentrating on fraud, the agency decided to target businesses already well-regulated that help the poor.

Posted by William A. Jacobson on November 29, 2017 13 Comments
Because of her Twitter fights with Donald Trump, much attention has been focused for the past year on Elizabeth Warren's claim, while climbing the law school ladder to Harvard, to be Native American. I addressed this recently in It’s time for Elizabeth Warren to apologize for her Native American deception. Warren's claim to be Native American for employment purposes is not the only scandal that has surrounded her academic career. At ElizabethWarrenWiki.org we documented Warren's Academic Research Controversies.

Posted by Kemberlee Kaye on November 27, 2017 115 Comments
The showdown at the Consumer Financial Protection Bureau is a perfect microcosm of the difficulty unraveling Obama's rule by bureaucracy. Two weeks ago, CFPB chair Richard Cordray announced his resignation. Cordray had run the rogue agency, accountable to no one, as his own personal liberal policy shop, doing little to meet the needs of consumers. Cordray didn't stay the two weeks he'd originally planned.

Posted by Kemberlee Kaye on November 25, 2017 48 Comments
Richard Cordray announced his resignation from the contentious Consumer Finance Protection Bureau (CFPB) two weeks ago. Friday, Cordray suddenly changed plans, and with no warning, left the agency a week before his scheduled departure date. Prior to leaving, he appointed his Chief of Staff, Leandra English, to replace him as the Acting Director. The move was intended to fill the spot temporarily, forcing Trump to go through the confirmation process for a nominee, which could take months, before putting his own person in place. But Trump didn't wait, and appointed Mick Mulvaney as Acting Director and nominee. This sets up a turf war over who is Acting Director.

Posted by Mary Chastain on September 28, 2017 5 Comments
You gotta love government agencies. They lash out when private businesses hurt consumers and yet evidence always seems to surface that they do the exact same thing, sometimes even worse. Take the Consumer Financial Protection Bureau (CFPB), an agency not many know about. Dodd-Frank birthed this agency as a way to protect consumers from another financial crisis. Its webpage claims that it "makes sure banks, lenders, and other financial companies treat you fairly."

Posted by Fuzzy Slippers on May 21, 2017 19 Comments
Back when Senator Elizabeth Warren (D-MA) still claimed to be a Republican, she came up with the idea of the Consumer Financial Protection Bureau (CFPB). That idea, however, morphed into a partisan Democrat operation under Obama, with a structure that sought to exclude itself from Executive or Congressional oversight.  The constitutionality of the CFPB will be decided, yet again, on Wednesday by the D. C. Circuit Court.
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