On Oct. 18, 2019, the U.S. Supreme Court announced it will consider the constitutionality of the Consumer Financial Protection Bureau (CFPB) structure. Seila Law, a California debt relief firm, filed a petition asking the Supreme Court to consider the CFPB’s organizational structure, whereby the CFPB is led by a single director who is only removable for cause. Seila Law believes the CFPB as an independent agency led by a single director violates the constitutional separation of powers. Seila Law asked the Supreme Court to review the Ninth Circuit Court of Appeals decision that ruled the CFPB’s structure is constitutional. The Supreme Court could announce its decision by the end of June and in the run up to the presidential election campaign.


John Zasada, JD, CAMS – Compliance Consulting Director, Financial Institutions Group. John can be reached at zasada@doeren.com.