Last month, the US Supreme Court ruled that the structure of the Consumer Financial Protection Bureau (CFPB) was unconstitutional, but that the agency could continue to operate so long as its Director is answerable to the President. Please join Mayer Brown partners Ori Lev and Stephanie Robinson for a discussion of the Supreme Court’s ruling, including:
- Analysis of the Supreme Court’s decision;
- What the decision means for past and present CFPB actions;
- What the decision might mean for the future of the CFPB; and
- What the decision might mean for the future of the Federal Housing Finance Agency (FHFA).
Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.