This Other Big CFPB Case Tests the Scope of Agency's Investigative Power

The Consumer Financial Protection Bureau isn't exactly riding high right now. A federal appeals court struck down the constitutionality of the agency's single-director structure. Republicans in Congress want to fundamentally revamp the agency. And the incoming Trump administration isn't expected to openly greet Richard Cordray, the CFPB director. Here's one more headache: a Washington appeals court will in the coming months decide just how far the agency's investigative power reaches.

Noting that connection between accreditation and financial aid, the CFPB charges in its D.C. Circuit papers that the trial judge, Richard Leon, “failed to recognize the possible connection between lending by for-profit colleges and accreditation.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Featured Firms

Law Offices of Gary Martin Hays & Associates P.C.

75 Ponce De Leon Ave NE Ste 101

Atlanta, GA 30308

(470) 294-1674

www.garymartinhays.com

Law Offices of Mark E. Salomone

2 Oliver St #608

Boston, MA 02109

(857) 444-6468

www.marksalomone.com

Smith & Hassler

1225 N Loop W #525

Houston, TX 77008

(713) 739-1250

www.smithandhassler.com

Presented by BigVoodoo

More From ALM

Using the right legal technology, your firm can attract talented employees, reduce turnover, and generate more business. Download this eBook to discover how your firm can enhance employee engagement and improve client satisfaction.

Leveraging Technology to Improve Employee Engagement and Client Satisfaction

Brought to you by CARET Legal
Download Now

Gain a competitive edge with essential trends and insights shaping the legal landscape. Uncover strategies for navigating client demands, leveraging technology, and reducing administrative burdens. Download the yearly roundup report.

Yearly Roundup: Strategic Insights for Law Firm Decision Making

Brought to you by CARET Legal
Download Now

Unlock tips on the best approach to selecting, implementing, and optimizing legal software to streamline your small law firm's operations. From automating administrative tasks to improving client relationships, this playbook offers a step-by-step guide and a helpful checklist to optimize your firm's processes and determine the best software for your practice.

Small Law Firm Playbook: The Expert's Guide to Getting the Most Out of Legal Software

Brought to you by PracticePanther
Download Now

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

From Data to Decisions

Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.

Exclusive Depth and Reach.

Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.

Big Pictures and Fine Details

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.

GlobeSt. Healthcare Real Estate 2024

December 02, 2024 - December 03, 2024
Scottsdale, AZ

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!

Learn More

ThinkAdvisor LUMINARIES Awards 2024

December 11, 2024
Las Vegas, NV

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.

Learn More

Complex Claims & Litigation Forum 2025

February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.

Learn More

School Law Associate

We are seeking two attorneys with a minimum of two to three years of experience to join our prominent and thriving education law practice in...

Apply Now ›

Real Estate Litigation Associate - New York, NY

Description: Fox Rothschild has an opening in the New York office for a Real Estate Litigation Associate with three to six years of commerci...

Apply Now ›

Attorney - Insurance Defense

Downtown NY property and casualty defense law firm seeks a Litigation Associate with 3+ years' experience to become a part of our team! You ...

Apply Now ›

This Other Big CFPB Case Tests the Scope of Agency's Investigative Power

Thank you for sharing!

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

Featured Firms

More From ALM

Federal Legal News

Special Coverage

Surveys & Rankings

National Law Journal

This Other Big CFPB Case Tests the Scope of Agency's Investigative Power

Share with Email

Thank you for sharing!

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

Trending Stories

Featured Firms

More From ALM

Subscribe to National Law Journal

Federal Legal News

Special Coverage

Surveys & Rankings

National Law Journal