Category Archives: Consumer Financial Protection Bureau

From Ballard Spahr. More information and registration available here.

Bahnsen discusses the dismissal in his National Review podcast episode, Good Things and Bad Examples. He criticizes SoLo as a bad actor. We had reported on the dismissal here. The Bureau has now removed from its website the statements it had made about the case, some of which we quoted in our earlier post.  

To read and join the letter, go to Sign-on Letter – Law Professors re: CFPB

American Banker’s Kate Berry reports Justice Dept. insists ‘there will continue to be a CFPB’. The story dives into DOJ’s brief. Berry notes that the brief claims that the administration closed the Bureau’s Washington DC office because of employees protesting outside. Berry also observes that the closing preceded the protests. Haven’t they ever heard of Rule […]

Here. Look up your state and see how many complaints consumers have filed and what the results were!    

In the wake of the chaotic shutdown of the Consumer Financial Protection Bureau and the lawsuits filed to fight its apparent closure, 22 states and the District of Columbia filed two amicus briefs within days in support of the bureau and its statutory functions. On Feb. 19, the state attorneys general banded together in an […]

Here.

According to the New York Times, after President Trump asked Elon Musk to be more aggressive, Musk ordered federal employees to report what they had done this past week or be fired. CFPB employees, most of whom are on administrative leave, received an email stating ““Please reply to this email with approx. 5 bullets of […]

As long as Congress preserves the filibuster rule, the current Congress cannot amend the Consumer Financial Protection Act to eliminate the CFPB without the assent of 60 senators, something that seems very unlikely. But could the CFPB’s opponents accomplish the same goal by zeroing out the Bureau’s funding using a reconciliation bill, which requires only a […]