The Ninth Circuit ruled that the CFPB can enforce a civil subpoena against a California debt collection law firm, potentially ending long-running litigation that made its way to the U.S. Supreme Court and restructured the bureau.
A three-judge panel on Tuesday rejected Seila Law LLC’s argument that a 2016 civil investigative demand (CID) from the Consumer Financial Protection Bureau wasn’t enforceable because it was issued when the agency was unconstitutionally structured.
“Any concerns that Seila Law might have had about being subjected to investigation without adequate presidential oversight and control had now been resolved,” Judge Paul J. Watford wrote for ...