Eleven AGs, three organizations file appellate briefs in Dodd-Frank challenge

Their suit, which alleged there are no effective checks and balances in the law, also took issue with the CFPB, which was created by the law and is headed by former Ohio Attorney General Richard Cordray.
CEI attorney Hans Bader has said Cordray’s role “is like a czar.”
“He is not accountable to anyone and can’t be fired even if voters elect a president with different ideas about how to protect consumers,” Bader has said.