Supreme Court Justice Clarence Thomas agreed with the majority decision in Seila Law vs. CFPB that found the agency’s single-director, for-cause only removal structure to be unconstitutional.
However, Thomas said his fellow justices got it wrong by finding the remedy was simply to sever 12 U.S.C. §5491(c)(3) from the rest of the Dodd-Frank Act.
Read on for a detailed look at Thomas’ concurring dissent in the CFPB case.
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