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STATE NATIONAL BANK OF BIG SPRING et al v. GEITHNER et al

  1. January 17, 2017

    Texas Bank Can't Leapfrog To Full DC Circ. In CFPB Case

    A D.C. federal judge on Tuesday shot down a Texas bank's bid to join an appeal before the full D.C. Circuit concerning the constitutionality of the Consumer Financial Protection Bureau's single-director leadership, rejecting the bank's arguments the move would serve the interest of "judicial economy."

  2. July 13, 2016

    CFPB Gets Win In Constitutional Challenge

    A D.C. federal judge gave the Consumer Financial Protection Bureau a win in a suit filed against it by a small Texas bank, ruling that bureau Director Richard Cordray’s reappointment in 2013 after his 2012 recess appointment allowed him to ratify all his previous actions.

  3. March 29, 2016

    CFPB Wants Court To Nix 'Nonsensical' Constitutional Claim

    The Consumer Financial Protection Bureau on Monday urged a federal judge to dismiss a small Texas bank's "nonsensical" attempt to have the bureau declared unconstitutional or, short of that, to have deemed invalid all rules that were finalized while its director acted on an interim basis.

  4. February 25, 2016

    Texas Bank Blasts Feds' Defense Of CFPB

    A small Texas bank challenging the constitutionality of the Consumer Financial Protection Bureau in D.C. federal court blasted the government's arguments that precedent supports the agency's existence, calling the bureau an "unprecedented amalgam of sweeping executive power devoid of structural or constitutional restraint."

  5. January 11, 2016

    CFPB Says Bank's Constitutional Claim Ignores Precedent

    The Consumer Financial Protection Bureau has asked a Washington, D.C., federal court for a quick win in a small bank's challenge to the agency's constitutionality, arguing the bank can't get around longstanding precedent supporting legislators' authority to create independent agencies.

  6. June 11, 2013

    US Says States, Banks Aren't Harmed By Dodd-Frank

    The U.S. government urged a Washington federal judge Tuesday to nix 11 states' and a bank's attempts to knock down several Dodd-Frank Act mortgage and bank liquidation provisions on constitutional grounds, maintaining they couldn't show they have been injured by the financial reforms.

  7. February 25, 2013

    US Slams States' Dodd-Frank Challenge

    The U.S. government asked a Washington federal judge Friday to toss a suit brought by 11 states challenging the constitutionality of multiple provisions of the Dodd-Frank Act, arguing the plaintiffs lack standing and are suing over "conjectural" injuries.

  8. February 13, 2013

    Texas, 7 Other States Join Challenge To Dodd-Frank

    Eight states including Texas joined a lawsuit Wednesday challenging the Dodd-Frank financial overhaul, denouncing as unconstitutional the power to liquidate banks, the authority to deem certain institutions more important than others and the sweeping oversight granted to the U.S. Consumer Financial Protection Bureau.

  9. November 21, 2012

    US Says States' Dodd-Frank Suit Fails To Show Harm

    U.S. financial agencies told a Washington federal judge Tuesday that a lawsuit backed by several states challenging the Dodd-Frank Act should be dismissed because none of the plaintiffs has identified a way the law has harmed them.

  10. September 20, 2012

    3 States Join Constitutional Challenge to Dodd-Frank Act

    The states of Oklahoma, South Carolina and Michigan on Thursday joined a suit challenging the 2010 Dodd-Frank Act, saying the law's provisions for dealing with troubled financial institutions are a threat to financial stability.

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