Judge’s Citi Stock Saga to Get Recusal Input From Parties

Litigants in a suit over the Consumer Financial Protection Bureau’s credit card late fee rule are set to say whether a federal appeals judge should disqualify himself from the case over a stock ownership controversy.

Judge Don Willett of the US Court of Appeals for the Fifth Circuit is under scrutiny after it was revealed that he disclosed a financial stake in Citigroup Inc. The bank is second-largest credit card issuer and a member of three of the trade groups suing to block the CFPB rule.

Willett said in a statement that he’s “painstaking” about his recusal duties, and that ...