The Consumer Financial Protection Bureau (CFPB) is arguing that its funding structure outside of the appropriations process is not unconstitutional in a case against a New York debt collection company it sued to enforce a civil investigative demand (CID).
The law firm is also arguing that the removal restriction in 12 U.S.C. § 5491(c)(3) renders the CID unenforceable. Read on for details from the CFPB’s recent opposition to the motion for preliminary injunction.
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