Clement Urges Supreme Court to Skip CFPB Constitutional Fight

Consumer Financial Protection Bureau Director Kathleen Kraninger’s actions since her confirmation show there is no reason to rule the bureau’s structure unconstitutional, the lawyer defending the CFPB’s status said in a brief filed with the U.S. Supreme Court.

Paul Clement, the former solicitor general tapped by the Supreme Court to defend the CFPB’s constitutionality, said in a brief filed Wednesday that Seila Law LLC was unable to trace its fight over a civil investigative demand to the dispute over the bureau’s leadership structure and restrictions on the president’s ability to fire the director.

In addition, Kraninger has publicly backed the ...