Jeffrey Naimon Quoted in American Banker Article, "Court Case Against the CFPB Hinges on These Four Issues"Jeffrey P. Naimon
Jeffrey Naimon was quoted in Kate Berry's American Banker article, "Court Case Against the CFPB Hinges on These Four Issues," on April 10, 2016.
A federal appeals court has set the stage for yet another legal showdown over the Consumer Financial Protection Bureau's structure in a major test of the bureau's authority.
The U.S. Court of Appeals for the D.C. Circuit will hear oral arguments Tuesday about the single-director structure of the CFPB. The closely watched case, PHH v. CFPB, is widely expected to be appealed to the Supreme Court, even though a ruling is not likely until the end of the year.
"I can't believe at the end of the day that they'll get rid of this agency," said Jeff Naimon, a partner at Buckley Sandler. "I'm assuming we're still going to have a world with the CFPB."