DC Circuit to re-hear challenge to CFPB tomorrow

On Wednesday, the U.S. Court of Appeals for the D.C. Circuit will hear argument in a case challenging the constitutionality of the structure of the Consumer Financial Protection Bureau. The question is whether the provision of the Dodd-Frank Wall Street Reform Act that created the CFPB violates separation-of-powers principles because it provides that the CFPB director can be removed by the president only for cause.

US PIRG has this short video, explaining the case and why the outcome is important to consumers.

Public Citizen, om behalf of itself and several other consumer advocacy organizations, filed an amicus brief in the case.

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