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Home » Store » Enforcement » GOP Angling to Strike a Deal Over Structure Of the CFPB in Light of Appeals Court Ruling

GOP Angling to Strike a Deal Over Structure Of the CFPB in Light of Appeals Court Ruling

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Republican critics of the Consumer Financial Protection Bureau are maneuvering to take advantage of a sudden opportunity to push for changes to the leadership structure and the finances of the bureau, after a surprise legal ruling breathed new life into their long-running struggle to clip the new agencyfs wings. Last month, the U.S. Court of Appeals for the D.C. Circuit ruled in Noel Canning v. National Labor Relations Board that three recess appointments President Obama made to the NLRB were unconstitutional because the Senate was technically not in recess at the time they were made. Industry lawyers believe...
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