The PHH Decision And Its Consequences For The CFPB

By Eric Mogilnicki and Andrew Smith (February 1, 2018, 3:47 PM EST) -- The tortuous path of the Consumer Financial Protection Bureau's enforcement action against PHH Corporation took yet another twist this week, as the D.C. Circuit, sitting en banc, decided that the bureau's structure — featuring a single director whom the president may remove only for cause — was constitutional....

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