Jamie Dycus

WilmerHale

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Supreme Court Invalidates Restriction on President’s Power to Remove the CFPB Director

On June 29, 2020, the Supreme Court issued its opinion in Seila Law LLC v. Consumer Financial Protection Bureau, slip op. No. 19-7. The decision resolves a long-disputed issue regarding the constitutionality of the structure...more

7/6/2020 / Constitutional Challenges , Consumer Financial Protection Bureau (CFPB) , Dodd-Frank , Removal For-Cause , Reversal , SCOTUS , Seila Law LLC v Consumer Financial Protection Bureau , Separation of Powers , Severability Doctrine , Single Director

CFPB Releases Final Rule Banning Certain Pre-Dispute Arbitration Agreements

On July 10, 2017, the Consumer Financial Protection Bureau (CFPB or the Bureau) announced its long-anticipated final rule to prohibit the use of pre-dispute arbitration agreements to block consumer class actions in contracts...more

7/13/2017 / Arbitration , Class Action , Class Action Arbitration Waivers , Congressional Review Act , Consumer Financial Contracts , Consumer Financial Protection Bureau (CFPB) , Dodd-Frank , Final Rules , Financial Institutions

Supreme Court Vacates Ninth Circuit Decision in Spokeo, Remands for Analysis of Concrete Harms

On May 16, 2016, the Supreme Court issued its decision in Spokeo v. Robins, which posed the question of whether Article III standing requires a plaintiff to have a concrete injury when alleging a statutory violation under the...more

5/23/2016 / Article III , Class Action , EFTA , Fair Credit Reporting Act (FCRA) , FDCPA , Injury-in-Fact , Remand , RESPA , SCOTUS , Spokeo , Spokeo v Robins , Standing , Statutory Damages , TCPA , Truth in Lending Act (TILA)

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