CFPB’s Appeal Risky for CFPB?
Although the lengthy first paragraph of this item may require a decoder ring to decipher, the article raises interesting points about the risk the CFPB is taking by appealing the ruling of the three-member panel of the D.C. Court of Appeals in favor of the full court. An unfavorable ruling could, for example, result in many financial institutions seeking recovery of civil money penalties previously paid to the CFPB. [12/12/16]


