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N.Y. law firm says CFPB still unconstitutional, cannot ratify past actions

A New York law firm under investigation by the federal Consumer Financial Protection Bureau into its debt collection practices has urged a judge to quash the probe as unconstitutional.

The Law Offices of Crystal Moroney in Rockland County, represented by the New Civil Liberties Alliance, a nonprofit advocacy group, said in a filing Wednesday in White Plains federal court that the agency’s funding remains unconstitutional even after the Supreme Court’s recent decision in Seila Law v. CFPB changed its structure.

Published by Reuters

 

July 16, 2020