In June, nearly a year after suing financial services company J.G. Wentworth over its refusal to cooperate with an investigation, the CFPB withdrew its subpoena. And in April, a three-judge panel of the U.S. Court of Appeals for the D.C. Circuit upheld a lower court decision striking down a subpoena the CFPB issued to the Accrediting Council for Independent Colleges and Schools, an organization that has been cited for lax oversight of for-profit schools including the now-shuttered Corinthian Colleges chain.

Related Articles: