Last week, 17 state attorneys general, two congresspeople, and several consumer-advocacy organizations moved to intervene in PHH v. CFPB, pending in the DC Circuit. The motions each sought to intervene to support (and if the agency stopped defending the case to pursue) the CFPB's petition for rehearing of the court's decision last fall, in which it held struck down as unconstitutional a provision of the Dodd-Frank Act under which the CFPB director could be fired by the President only for cause, as opposed to for any reason or no reason at all. We discussed and linked to the court's opinion here and the rehearing petition here.
Yesterday, in a 1-page order, the DC Circuit denied the three motions. The petition for rehearing is still pending.
