CFPB enforcements, rules now in question

01/29/2013 | CNNMoney

Some observers think last week's court ruling against President Barack Obama's recess appointments to the National Labor Relations Board raises the odds that a court will strike down Richard Cordray's appointment as head of the Consumer Financial Protection Bureau and undo enforcement and regulatory actions the bureau has taken so far. Scott Talbott, senior vice president of public policy at The Financial Services Roundtable, said the group was working to prepare members for the "potential impact of any future rulings against Cordray's recess appointment."

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