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CFPB Warns Of High Stakes In 9th Circ. Ratification Fight

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > CFPB Warns Of High Stakes In 9th Circ. Ratification Fight

CFPB Warns Of High Stakes In 9th Circ. Ratification Fight

Law360 (September 1, 2020, 10:40 PM EDT) — The Consumer Financial Protection Bureau has urged the Ninth Circuit to uphold enforcement of an investigative demand against the law firm that took its fight with the agency to the U.S. Supreme Court, warning that setting aside the demand now could cast a cloud over a slew of the agency’s past actions.

In a brief filed Monday, the CFPB said that there’s no good reason at this point to disallow its 2017 civil investigative demand against California-based Seila Law LLC, whose constitutional challenge to the CFPB led the Supreme Court in June to strike down the agency director’s for-cause removal protection…

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