Takeaways From Dismissed Challenge To Trump's CFPB Pick

Law360 (February 26, 2018, 12:02 PM EST) -- Judge Paul G. Gardephe of the U.S. District Court for the Southern District of New York has dismissed a credit union’s challenge to President Donald Trump’s selection of Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. The case is Lower East Side People’s Federal Credit Union v. Trump[1], and the standing decision is of particular significance to regulated entities that have the opportunity to challenge regulatory action by virtue of a dispute over an officeholder’s authority.


The suit was filed after Trump...
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