From today’s editorial in the Wall Street Journal: Days after Team Obama celebrated the fifth anniversary of Dodd-Frank, a federal appeals court has revived a challenge to one of the financial law’s most controversial creations. . . . On Friday a unanimous three-judge panel of the D.C. Circuit Court of Appeals ruled that State National Bank of Big Spring has…
BG&A helped to secure a significant victory for the State National Bank of Big Spring, the Competitive Enterprise Institute, and the 60 Plus Association, in their ongoing litigation challenging the unconstitutionally structured Consumer Financial Protection Bureau and its unconstitutionally appointed director. Today, the U.S. Court of Appeals for the D.C. Circuit unanimously held that the D.C. Circuit has standing to…
Today Boyden Gray testified on the constitutionality of Dodd-Frank and the Consumer Financial Protection Bureau (CFPB) before the U.S. Senate Committee on the Judiciary’s Subcommittee on the Constitution. Ambassador Gray raised concerns about CFPB’s lack of accountability arising from its independence from both Congress and the President. He criticized the Bureau’s recent mass data grabs gathering information from millions of…
On February 11, Boyden Gray & Associates joined co-counsel O’Melveny & Myers in filing the Private Appellants’ opening brief in State National Bank of Big Spring v. Lew (D.C. Cir. No. 13-5247). The brief explains why the State National Bank, a century-old West Texas community bank, has “standing” to bring a constitutional challenge against Dodd-Frank’s Consumer Financial Protection Bureau and…
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