The US Supreme Court ruled Monday in Seila Law LLC. v. Consumer Financial Protection Bureau that the leadership structure of the Consumer Financial Protection Bureau (CFPB) violates the separation of powers.
The case began when the CFPB ordered Seila Law to disclose business practices with a civil investigative demand in 2017. Seila Law refused to comply with the demand, alleging that the CFPB’s structure was unconstitutional.
