PHH CORPORATION, et al., Petitioners
CONSUMER FINANCIAL PROTECTION BUREAU, Respondent
United States Court of Appeals for the District of Columbia
An extraordinary case.
(1) that Congress does not seem to actually want any power, which is an extraordinary departure from the past; and
(2) Remember that Elizabeth Warren proposed the CFPB, and said it would be "highly accountable" to Congress. This ruling by the DC Court of Appeals found the structure of the CFPB precisely because it was NOT accountable to Congress.
Read the article by George Will in the Washington Post, October 14, 2016: "Congress insists on making itself irrelevant"
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