PHH files opening brief, asks court to eliminate CFPB

PHH files opening briefOn March 10, 2017, PHH filed its opening brief with the DC Circuit and asked the court to “strike down the CFPB in its entirety.”

Last month, the DC Circuit granted the CFPB’s petition for rehearing en banc following an October 2016 ruling by a three-judge panel court that declared the CFPB’s single-director-removable-only-for-cause structure unconstitutional. The panel remedied the constitutional defect by severing the applicable provision in the Dodd-Frank Act and making the CFPB Director removable without cause by the President.


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