Government,
Administrative/Regulatory
Dec. 14, 2016
Will CFPB director's work be nullified?
A large portion of Richard Cordray's work as Consumer Financial Protection Bureau director could soon be scrapped because of a defect in his appointment and the agency's slipshod efforts to rectify it.
Mark Chenoweth
General Counsel and Executive Director
New Civil Liberties Alliance
Email: mark.chenoweth@NCLA.legal
Recent articles in the legal press have speculated as to whether Consumer Financial Protection Bureau (CFPB) Director Richard Cordray can and will be fired come Jan. 20. But a certioriari petition currently pending before the U.S. Supreme Court in Gordon v. CFPB poses a more compelling question: Will a large fraction of Cordray's work as director soon be nullified because of a defect in his original appointment and the agency's slipshod efforts to rectify it?
The problem wit...
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