Bloomberg BNA Banking Report
In this article, “CFPB Faces Challenges in Courts, Congress in 2017,” Morrison & Foerster partners Joseph Palmore, Donald Lampe and Bryan Leitch are quoted. The article discusses the implications of the federal appeals court ruling in favor of PHH Corp. in PHH Corp. v. CFPB.
“This case pits those two institutional imperatives against each other. Accordingly, while DOJ will likely support the CFPB's position on the constitutional question, that is not a foregone conclusion,” said Joseph Palmore, Donald Lampe and Bryan Leitch in a recent Morrison & Foerster memo.