In a 2-1 ruling, a panel of the U.S. Court of Appeals for the Fifth Circuit held that SEC administrative proceedings as currently implemented are unconstitutional.

Assistant Attorney General Brian A. Benczkowski of the DOJ's Criminal Division will step down effective July 3, 2020.

The House of Representatives filed an amicus curiae brief urging the Supreme Court to reject a challenge to the constitutionality of the CFPB.

Attorney General William P. Barr announced that President Donald J. Trump will nominate SEC Chair Jay Clayton as U.S. Attorney for the Southern District of New York.

Senator Pat J. Toomey (R-PA) and Senator Bill Hagerty (R-TN) introduced the CFPB Stability Act, a bill that would change the composition of the agency and subject it to the regular congressional appropriations process.