The Wall Street Journal
A court case bringing into question the structure of the Consumer Financial Protection Bureau (CFPB) may soon take an unusual turn, with the Trump administration’s Justice Department expected to oppose the independent watchdog agency—one of only a handful of examples in recent decades of two federal entities squaring off in court.
“It would be a significant development if you have the Department of Justice arguing that a federal statute is unconstitutional,” stated Joe Palmore, co-chairman of the Appellate + Supreme Court practice group at law firm Morrison & Foerster LLP, who works with trade groups critical of the CFPB. “The members of the court would certainly pay attention to what the U.S. says.”
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