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Government,
Constitutional Law,
9th U.S. Circuit Court of Appeals

Nov. 19, 2020

Circuit mulls impact of president’s right to fire CFPB director

On Wednesday, attorneys for mortgage lender Nationwide Biweekly Administration Inc. argued a federal judge's decision imposing a $7.93 million civil penalty for deceptive and abusive conduct should be tossed out because the agency was unconstitutionally structured at the time.

The practical impact of a U.S. Supreme Court decision this year giving the president the right to fire the Consumer Financial Protection Bureau's director is getting two days of arguments before the 9th U.S. Circuit Court of Appeals.

On Wednesday, attorneys for mortgage lender Nationwide Biweekly Administration Inc. argued a federal judge's decision imposing a $7.93 million civil penalty for deceptive and abusive conduct should be to...

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