As the U.S. Supreme Court debates the constitutionality of the CFPB, the Fifth Circuit weighed in upholding the Bureau’s constitutionality on a 2-1 vote. As summarized in a BallardSpahr blog, “[i]n the majority’s view, the CFPB’s single-director structure ‘mitigates the constitutional concerns underlying for-cause removal.’ The majority observed that before 2008, seven agencies shared responsibility for consumer protection and that ‘the diffusion of responsibility looked past regulatory arbitrage and undercut accountability’ because ‘a President determined to change the administration of consumer financial protection would have faced a bureaucratic maze—multiple multi-member agencies with disparate authorities spread across eighteen statutes.’

Judicial Review
A Summary of Legal Issues Impacting the Consumer Reporting Industry
- News
- CFPB Constitutional says the Fifth Circuit
Search
Recent Posts
- Topics
- About
- NYDFS
- Algorithms/Scores
- Algorithms/Scores
- Background checks
- Residential screening
- Conviction
- Non-delegation doctrine
- CFPB
- U.S. Constitution
- FTC
- Data security
- Safeguards Rule
- NYDFS
- Cybersecurity
- Illegal Loans/Credit
- Tribe or Tribe-Affiliated Lender/Creditor
- 15 U.S.C. Sec. 1681e(b)
- Accuracy
- Background checks
- 15 U.S.C. Sec. 1681e(b)
- Employment screening
- 15 U.S.C. Sec. 1681k(a)
- 15 U.S.C. Sec. 1681a(d)
- Francis & Mailman
- Community Justice Project
- CFPB
- California
- CFPB
- FCRA
- NYDFS
- Cybersecurity
- CFPB
- California
- Data fiduciary
- information fiduciary
- New York
- Privacy
- CFPB
- NYDFS
- CFPB
- California
- CFPB
- 15 U.S.C. Sec. 1681e
- First Advantage
- Sterling Infosystems
- Article III Standing
- Spokeo
- U.S. Supreme Court
- Artificial intelligence
- White House
- OMB
- CFPB
- Dodd-Frank
- Abusive
- California
- Data broker
- Vermont
- Privacy
- Article III Standing
- FTC
- Background checks
- CFPB
- Accuracy
- FCRA
- CFPB
- Dodd-Frank
- Abusive
- CFPB
- Dodd-Frank
- OFAC
- CFPB
- U.S. Constitution
- SCOTUS
- CFPB
- U.S. Constitution
- Dodd-Frank
- SCOTUS
- Background checks
- 15 U.S.C. Sec. 1681(b)(2)(A)
- Data broker
- Vermont data broker law
- FCRA
- OFAC
- FTC
- Algorithms/Scores
- Artificial intelligence
- Big Data
- U.S. Supreme Court
- Sovereign immunity
- Student loans
- U.S. Dep't. of Education
- FTC
- Safeguards Rule
- Employment screening
- 15 U.S.C. § 1681b(b)(2)(A)
- Disclosure document
- disputes
- Reinvestigations
- FCRA
- COVID-19
- CARES Act
- FTC
- Accuracy
- FCRA
- Illegal Loans/Credit
- Public records
- Court records
- Article III Standing
- Spokeo
- Article III Standing
- U.S. Supreme Court
- Damages
- CFPB
- Artificial intelligence
- Article III Standing
- Spokeo
- CFPB
- Employment screening
- FCRA Liability Reform
- Class actions
- CFPB complaint portal
- Credit repair
- Public records
- Article III Standing
- Spokeo
- Class actions
- CFPB
- CARES Act
- Privacy
- Data broker
- Big Data
- Data aggregator
- CCPA
- CFPB
- U.S. Constitution
- FTC
- Safeguards Rule
- Nevada
- FTC
- CFPB
- Artificial intelligence
- FTC
- CFPB
- U.S. Constitution
- FHFA
- CFPB
- U.S. Constitution
- Reinvestigations
- Public records
- CFPB
- FinTech
- Privacy
- CCPA
- Risk Scores
- "Secret scores"
- Privacy litigation
- CFPB
- Advisory Opinions
- 9th Circuit
- President Donald Trump
- CFPB
- Public records
- Court records
- CDIA amicus
- CFPB
- FTC
- CFPB
- FCRA
- Privacy
- Data broker
- Data aggregator
- Penalty Offense Authority
- CFPB
- CFPB Advisory Opinions
- CCPA
- CCPA litigation
- FTC
- "Debt parking"/"Passive debt collection"