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Insights & News 2 results

Client Alert

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June 30, 2020

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4 Min Read

Supreme Court Strikes Restrictions on Removing CFPB Director, but Allows Agency to Continue Operating

In a highly anticipated decision concerning the Consumer Financial Protection Bureau (CFPB), the U.S. Supreme Court has stricken restrictions on the President’s ability to remove the CFPB’s Director, but it did not abolish the agency entirely, as some observers thought it might. See Seila Law LLC v. CFPB, No. 19-7. Instead, the justices who would have upheld those restrictions aligned with three members of the Court’s majority in saying that those restrictions were severable from the other provisions establishing the CFPB, allowing the agency itself to continue operating. The Court also did not settle what its ruling means for prior CFPB actions, instead leaving that to the lower courts and further litigation....Read more

In the Media

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December 8, 2014

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1 Min Read

Daniel Passage Discusses Securitization of PACE Projects with the Daily Journal

Winston & Strawn partner Daniel Passage was quoted in the Daily Journal article “Solar and Energy Efficiency Program Catches Wall Street’s Eye,” published December 8, 2014....Read more
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