Trump won’t defend CFPB in court, groups argue

Democratic state attorneys general, two members of Congress and consumer groups are renewing their request to help defend the CFPB in court, contending that the Trump Administration is likely to abandon the agency.

The groups argue that while the Obama Administration was prepared to mount a vigorous defense of the agency in a suit challenging the constitutionality of the CFPB’s structure, the Trump Administration opposes the existence of the agency.

The US Circuit Court of Appeals for the District of Columbia already has denied the request, but the groups are asking the court to reconsider.

“The motion argued that intervention was warranted because there is a substantial probability that, due to changing political circumstances, the CFPB and/or the DOJ will drop their defense of the CFPB’s constitutional structure and acquiesce in the panel’s holding,” the consumer groups and the credit union argue.


continue reading »

More News