Michael S Chu

Michael S Chu

May 04, 2023 | National Law Journal

CFPB Enforcement Stalls Following 5th Circuit Decision

The CFPB said months ago that its agenda would bog down if the Supreme Court refused to expedite review of the Fifth Circuit's holding that the bureau's funding structure was unconstitutional. In declining expedited review, SCOTUS effectively ensured that the CFPB's ability to enforce legally binding obligation would almost grind to a halt.

By John Coleman and Michael S. Chu

7 minute read