The DC Circuit’s Big CFPB Ruling Carries Wide Implications. Here’s What’s Next

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The D.C. Circuit’s Ruling. Constitutionality of the CFPB’s Structure. After the D.C. Circuit panel hearing the case raised sua sponte constitutional concerns about the CFPB’s structure, PHH argued that the CFPB’s status as an independent agency headed by a single director violates Article II of the U.S. Constitution.

The dodd-frank wall street reform and Consumer Protection Act is a United States federal. To handle the liquidation of large companies, the act created the Orderly. decision is appealed, the United States Court of Appeals for the Third Circuit. The consumer financial protection Bureau can be found on the web.

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Obama took issue with a ruling that overturned two of the court’s precedents and upended decades of restrictions on corporations being able to use their profits to finance campaigns for and against.

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HMRC gives an example of "phoenixism" as a person being actively involved with a business which ceases to trade and leaves behind tax debts becoming responsible for the operation of a new business.

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