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Lawsuit challenges Dodd-Frank

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C. Boyden Gray spoke out nearly two years ago against the constitutionality of Dodd-Frank, and is now counsel of record (along with CEI) in a lawsuit putting those ideas into play, along with a challenge to the recess appointment of Richard Cordray. The lawsuit focuses on Titles 1 and 10, rather than the entire statute. Kudos to the State National Bank of Big Spring for sticking its neck along the line against an administration known to retaliate. [Gray/Purcell @ WSJ; more at CEI; American Banker; Powerline; WSJ ($); Bloomberg (with an ironic quote from Public Citizen attorney expressing skepticism over standing argument); Compliance Week; The Hill via Zieve; Reuters]

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Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

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