In the News Today - June 22, 2018

June 22, 2018

CFPB Structure Ruled Unconstitutional By NY Federal Judge: In a challenge by a lawsuit lending firm that is under fire over potential abuses in large settlements, a New York judge found the structure of the Consumer Financial Protection Bureau (CFPB) unconstitutional. Though the ruling likely halts CFPB enforcement against the firm, the New York Attorney General said her office will “continue to vigorously pursue our case against” it. (Law360)

Federal Attorney Hints at More Charges Over West Virginia Supreme Court Scandal: The U.S. attorney who filed 22 federal charges against West Virginia Supreme Court Justice Allen Loughry said the “work continues on many fronts, including additional areas of corruption,” and seemed to suggest that more charges may be coming. (West Virginia Record)