The constitutionality of the Consumer Financial Protection Bureau’s (CFPB) leadership structure recently came under fire yet again. But this time is different because the party challenging the Dodd-Frank Act provision that created the bureau with a single director removable only for-cause is the director herself.
Director Kathy Kraninger announced Tuesday that she has joined with the Department of Justice, calling for the Supreme Court to review a circuit court ruling by the Ninth Circuit Court on the constitutionality of the for-cause removal provision.
Get a comprehensive view of how this latest development fits into the ongoing debate over the validity of the bureau’s structure.