Fri.Mar 24, 2023

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Second Circuit Upholds CFPB’s Funding Structure

Troutman Sanders

the Bureau initially served a civil investigative demand (CID) on a law firm specializing in debt collection in 2017. Congress also limited the amount of funding the CFPB can draw from the Federal Reserve System to 12% of the Federal Reserve System’s 2009 Operating Expenses. Law Offices of Crystal Moroney, P.C. ,