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Justice Department turns against CFPB in constitutionality case.

Authors :
Berry, Kate
Source :
American Banker; 3/20/2017, Vol. 182 Issue 53, p1, 1p
Publication Year :
2017

Abstract

The article reports on the U.S. Justice Department's statement that U.S. President Donald Trump should have the authority to dismiss the head of the Consumer Financial Protection Bureau (CFPB). Topics covered include nonbank mortgage lender PHH Corp.'s lawsuit against the CFPB, the constitutional challenge to the CFPB's structure, and the Justice Department's call on the appeals court to look beyond the precedent in the 1935 Supreme Court case Humphrey's Executor.

Details

Language :
English
ISSN :
00027561
Volume :
182
Issue :
53
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
121911274