2/16/17

Appeals Court Will Rehear Case Involving Constitutionality Of Consumer Financial Protection Bureau

Four months after a three-judge panel issued a 2-1 ruling that the structure of the Consumer Financial Protection Bureau is unconstitutional, the full Court of Appeals for the D.C. Circuit has agreed to rehear the issue.

In an order [PDF] released this afternoon, the judges of the D.C. Circuit (with former Supreme Court nominee, Chief Judge Merrick Garland not participating) set a March 10 deadline for the CFPB’s attorneys and the Bureau’s supporters to file their briefs. PHH Corporation, the mortgage insurer whose lawsuit is the underlying case in this appeal, will then have until March 31 to file its response. No date set on when the full en banc hearing will occur.

More to come…

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