
Could the Removal of Two Words Result in the Removal of Cordray?
Dodd-Frank only allows for the CFPB's director to be removed "for cause." But some tough talk by two D.C. Circuit Court judges has some industry observers conjecturing that those two words might be struck down, which could mean that the CFPB director could be removed for any reason, such as when a new administration takes office. [4/20/16]