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D.C. Circuit Clips CFPB’s Wings

Alert October 11, 2016

D.C. Circuit Clips CFPB’s Wings

October 11, 2016, Covington Alert

The U.S. Court of Appeals for the D.C. Circuit today released its long-awaited decision in PHH Corp., et al. v. Consumer Financial Protection Bureau, No. 15-1177 (D.C. Cir., Oct. 11, 2016). The 110-page decision, which includes a concurrence and a concurrence in part and dissent in part, represents a significant blow to the CFPB.

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