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Defendants in CFPB enforcement actions seek dismissal following Fifth Circuit decision
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Case Law, Government Oversight
Tuesday, November 8, 2022
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At least three major enforcement actions from the Consumer Financial Protection Bureau (CFPB) are facing motions to dismiss based on the Fifth Circuit Court of Appeals decision that found the funding structure of the CFPB to be in violation of the Appropriations Clause.
None of these cases seeking dismissal are in the Fifth Circuit, which means a circuit split is likely.
Read on for more details.
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