It’s Good to Be the CFPB: Bureau Batting 1.000 When It Comes to Defending Itself Against CID Removal Requests

CFPB Director Cordray rejects J.G. Wentworth's petition to remove the CFPB's civil investigation demand, its third against the company in three years. "This means that the director of the CFPB is tasked with evaluating and ruling on CIDs issued by the agency he is in charge of. Therefore, it isn't surprising that, to date, the bureau has not made public any decisions to actually grant a petition to modify or set aside." [3/10/16]