Another judge has come out and said she thinks the leadership structure of the Bureau of Consumer Financial Protection is unconstitutional. While not exactly a man-bites-dog kind of development, it could set the stage for the Supreme Court to ultimately be asked to weigh in and issue a final thumbs …
Read More »Federal Judge Rules BCFP Leadership Structure to be Unconstitutional
A federal judge in New York has ruled that the leadership structure of the Bureau of Consumer Financial Protection is unconstitutional, but denied a motion to dismiss because the New York Attorney General, who is a co-plaintiff in the case, has “alleged plausibility.” The ruling, from Judge Loretta Preska of …
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