Kate Berry: CFPB preliminary injunction likely modified by appeals panel

Here in the American Banker. Berry wrote: “The judges appeared to be leaning toward remanding the case back to the district court with some conditions that would allow the administration to fire some employees or put them on administrative leave.”

According to Berry, the government’s lawyer, Eric D. McArthur, argued that “[t]he district court does not have a roving mandate to ensure that the CFPB is fulfilling all of its statutory obligations.”

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