How the 2024 Presidential Election Could Reshape the CFPB
On January 20, 2021, just one hour after President Biden’s inauguration, then Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger resigned from the CFPB at the President’s request. Kraninger’s resignation reflects the new reality of CFPB Directors articulated in the 2020 Supreme Court decision, Seila Law v. Consumer Financial Protection Bureau. Seila Law held that
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