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Seila Law LLC (Seila Law), a law firm that provided debt relief services, was under investigation by the CFPB. As part of its investigation, the CFPB issued a civil investigative demand (CID) to Seila Law, which required Seila Law to produce certain documents. Seila Law declined to comply with the CID and challenged the constitutionality of the ...
Humphrey's was distinguished in Seila Law LLC v. Consumer Financial Protection Bureau (2020) [ 4 ] in which Chief Justice John Roberts narrowly construed Humphrey's [ 5 ] to stand for the proposition that the President's removal power may be constrained by Congress if the officer in question was a member of an agency that shared the same ...
The Supreme Court further clarified these principles and even addressed the office held by Dellinger in a 2020 case, Seila Law LLC vs. Consumer Financial Protection Bureau.
In a two-part decision, the Supreme Court ruled that the restriction on removal of the FHFA director by the President was unconstitutional in light of Seila Law, and secondly, dismissed the lawsuit brought against the FHFA by shareholders of Fannie Mae and Freddie Mac as the takeover of these firms was an established power of the agency under ...
One of the first legal challenges to the operations of the CFPB arose from the Supreme Court case Seila Law LLC v. Consumer Financial Protection Bureau (2020), which challenged the inability for the director of the CFPB to be removed by the president except for cause, and was argued by that nature, the whole of the CFPB was unconstitutional.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
In Seila Law LLC v. Consumer Financial Protection Bureau (2020), however, the Supreme Court interpreted Myers as establishing that the President generally has unencumbered removal power. Myers was the first Supreme Court case to address the President's removal powers.
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