Oral arguments were held Tuesday in the case of a law firm appealing a civil investigative demand (CID) request. The firm also is challenging the Consumer Financial Protection Bureau’s (CFPB) constitutionality.
The CFPB sought a CID from a California firm concerning, among other things, information on the fees the company charges to consumers for debt relief, marketing methods for debt relief or other services.
Read on for highlights of arguments from both sides.
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