Despite a Blow to its Authority, CFPB Seems to be Here to Stay

Cynthia Belzl, Operations Officer

Despite a blow to its authority and some added limitations, the Consumer Financial Protection Bureau (CFPB) seems to be here to stay.  On October 11, 2016, the United States Court of Appeals for the D.C. Circuit issued an opinion holding that the CFPB's structure is unconstitutional.  At the same time, the Court rejected a request to strike down the CFPB in its entirety and prevent it from operating.

Read about the decision and its implications:  

CFPB's Structure Ruled Unconstitutional but it Avoids Being Dismantled

CFPB Too Powerful: Federal Court Finds The Agency's Structure Is Unconstitutional