Tag Archives: Seila Law LLC v. Consumer Financial Protection Bureau

Average Joe SCOTUS: Seila Law LLC v. Consumer Financial Protection Bureau

So…this is kinda complicated. These scummy folks at Seila Law are in the business of debt relief law. Meaning, they try to help people who racked up a bunch of debt and can’t pay it. Having worked with a law firm who does this, I personally found it less than helpful. They pretty much charged me a couple thousand dollars to do what I could have done, by just calling the IRS (the people I owed). But maybe they’re more effective with credit card companies and shit, IDGAF.

Anyway, as part of the Dodd-Frank Act, a bunch of bullshit laws designed to protect an economic collapse that assholes in congress argue happened in 2008 because of deregulation and those scummy bankers, when the reality was, that collapse was caused just as much or more by fucking government’s interference in the market in the first place. But I digress.

Anyway… The Consumer Financial Protection Bureau (CFPB) was created as part of this stupid law, and it’s leader, appointed by the president, can’t be fired other than for like if they commit a crime or some shit.  When the CFPB decided to investigate those douchebags at Seila Law, Seila was like, “How fucking dare you? Go the fuck away. As a matter of fact, we don’t even recognize your constitutional right to exist, you assholes.”

Seila’s argument being that the separation of powers rule in the constitution shouldn’t allow for a committee like this to be set up by congress, but then act like the president when they’re not in fact the actual president. It would basically make the asshole running this board unanswerable to the three branches of government, and effectively their own new branch.

In a 5:4 Republican-appointee decision SCOTUS sided with Seila Law, that such an appointment does in-fact violate the separation of powers. But, that provision is able to be removed from the law without ending the law entirely, so sadly Dodd-Frank still stands as law, just without this bullshit appointee. If the president gets to appoint them, they get to fire them too.

The Democrat-appointee’s dissented based on principle, but in my opinion it’s kinda bullshit.

They rightly claim that these restrictions on termination are good for the same reason SCOTUS being that way is good. It makes sure these people don’t make decisions based on political pressure. But there’s little doubt that it does indeed take the power away from the president. Richard Cordray for instance was the first person nominated to the post by Obama in 2010. Once Trump took office, this law basically said Trump couldn’t force Cordray to enforce the law as Trump dictates, which is his job as president.

So while I believe it’s a decent argument by the Dem-appointees, they’re still wrong to argue it. I’m glad they lost.