Here (behind paywall). Excerpt:
The CFPB is expected to appeal the three-judge panel’s decision [in PHH] to the full D.C. Circuit, where Democrat-appointed judges have a majority. But a question hanging over the transition is whether Trump will still try to replace Cordray—either by invoking the D.C. Circuit panel’s decision or finding cause to fire him.
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“To some degree the question is whether the agenda now will be driven by Trumpism or by the GOP, and what the daylight is between the two on issues like this,” said [co-blogger Deepak] Gupta, a former CFPB attorney who testified in favor of the arbitration rule during the agency’s May field hearing.
