Late last month, the CFPB put out an interim final rule with a request for public comment on its new rules of practice for issuing temporary cease‐and‐desist orders. The bureau’s rule generally tracks along the trajectory of the Federal Deposit Insurance Corp.’s approach. That’s likely because Section 1053(c) of the Dodd‐Frank legislation, which authorizes the bureau to issue temporary C&D orders, resembles the comparable provision in the Federal Deposit Insurance Act. Those authorities authorize a temporary C&D as an...