Consumer Financial Protection Bureau v. Great Plains Lending, LLC

General legislation covers Indian tribes unless they are expressly excluded, so the Dodd-Frank Act is interpreted to regulate for-profit consumer lending enterprises of Indian tribes.  The Dodd-Frank Act grants the CFPB authority to regulate for-profit enterprises of Indian tribes that engage in consumer lending operations.  Though the act defines “state” to include Indian tribes, it…

Consumer Financial Protection Bureau v. Gordon

Though Cordray’s initial recess appointment to head the CFPB was invalid, his later regular appointment was proper and his later ratification of acts taken during the recess appointment period is sufficient to validate acts the CFPB took during that period.  This decision holds that while President Obama’s initial recess appointment of Richard Cordray to head…