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DC Circ. Prepping To Grill CFPB On Director's Powers

By Cara Salvatore (April 6, 2016, 7:49 PM EDT) -- The D.C. Circuit warned Monday that it will dig into the role of consumer-protection czar Richard Cordray at an upcoming oral argument, focusing on the unusual power of his position as head of the Consumer Financial Protection Bureau and the role that power could have played in a $109 million penalty against a mortgage reinsurer....

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